RWD - the values of the 240's are not keeping pace with the cost of repairs & parts

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the values of the 240's are not keeping pace with the cost of repairs & parts 200

I'll echo Pageda: Auto mechanic work is, what, $50+/hour (oh please folks on the coasts - don't tell me how with the Yorkshire self-made men you DREAM of $50/ hour ...)

240s are $200-$2K cars. I don't know how someone can afford to pay a mechanic to fix one. I get along by keeping multiple parts cars and doing my own work. And helping friends w/ 240s.

Recently a friend blew a head gasket. I used Marino's estimated $400 repair cost. My friend paid $350 for his car so to double it for a repair? Instead I gave him a motor and we spent 1 day installing it - an easy day w/ coffee and lunch breaks. I've sold just 1 240 motor in 10 years so wasn't really a huge favor.

I'm renting a car next week to take a 2K-mile trip. Because my old 240 needs some work that I won't get to in time and my good 240 is parked for the winter. So $190 rental and 35+ MPG or $0 rental cost and 22 MPG with some breakdown probability. If I broke down eg. 500 miles from home I'd have to come back to get a trailer or just abandon the car. Or I could of course take various spares and repair on the road but a main fuel pump or timing belt is a lot of work under those conditions.

Net, 240s are reliable and predictable so $1K purchase cost plus, say, $600-$1000/ year in repair costs still leaves you with a < $75/ monthly cost over say 10 years. Doing your own work and buying parts right cuts that further.

I've found and serviced several for friends who send their kids off for 3-4 years of college in them. $500 purchase price plus 2 fuel pumps, CPS, and timing belt initially + brakes, tires, battery, water pump, misc over 3-4 years - not bad.
--
240s: 2 drivers and some parts cars




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New the values of the 240's are not keeping pace with the cost of their repairs and parts [200]
posted by  volvoboz  on Sun Apr 5 06:52 CST 2009 >


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