VEHICLES: Repair or Replace? How to Decide

Want to spend as little as possible keeping a decent vehicle on the road? Most people say “yes” to this question, but their actions lead in a different direction. Click below to the right to hear about the unusual way I use to decide whether a vehicle should be repaired or replaced, following a strategy that keeps my long-term ownership costs below $100 per month on average. That’s my 1990 F150 to the left, photographed in August 2016. It’s a prime example of my strategy in action.