When's a good time to start thinking about selling your car? I've got a 23 year old Nisan Altima in my garage right now I got from my parents. It still drives, and its only got about 110k miles on it, but I just spent $450 to replace the distributor, and that's close to what the car's worth. Should I wait until it breaks down again, or try to sell it now and pick up a replacement?
I only drive about 10 miles a day, so I don't really use it much.
Depends on if what options you have if the car breaks down, in my opinion. Driving an old shit box isn't bad if you have another ride to work, but say you live in the middle of nowhere and it breaking down would screw you and your job. I would start looking for another car and sell that one after you have it.
If you want to keep it, you have to draw a line in the sand somewhere. Something like anything you can't do yourself or any part over $200. The good news is that the car doesn't really suffer from depreciation so drive it into the ground if you can.
If you had to pay a mechanic to replace a distributor on a ka24, you have no business owning a car that old.