Owning an Older Car
If you own an older car and it's paid for, that's a great feeling. But it's not so great when you take it to the mechanic, and it needs work. I understand. Trust me. (I own a Euro car with over 100,000 miles and a domestic car with over 200,000 miles. I know.)
Owning an older car takes a commitment on your part. I sat around thinking, what's the best thing people could actively do to avoid costly repairs on their older vehicle? Below is the list I came up with:
Commit to a maintenance schedule. Maintenance is so essential and directly affects the longevity of your vehicle. Put reminders in your phone or your planner to make time to review what the upcoming maintenance could be and budget the costs.
Periodic checks. I recommend having your vehicle completely looked over every three to six months by a professional. It is incredible what you can avoid by having a good pair of eyes look over the whole car.
Check the car fluid levels once a month. This mainly applies if you have over 100,000 miles, but a great habit even if you have less. The fluids are the blood of their corresponding systems; fast action is key. As the car ages, it may begin to form leaks; it's important always to ensure the vehicle has the appropriate fluid level.
Put aside money. Sh*t happens. Things will break. I recommend putting aside money specifically for the car. This fund can pay for maintenance and repairs and any extras. This definitely should be a habit if the vehicle is already paid off. You will find this fund will continue to grow, and you'll be able to add extra cosmetic services to help the car look as great as you mechanically keep it up.
You're going to feel great when you get in your car, and you don't have to worry. It's even better when it still feels fresh and new to you. Owning an older car takes commitment, budgeting, and having a proactive attitude, but it is worth it.