DiscoverOptimal Finance Daily - Financial Independence and Money Advice3326: [Part 1] Your Aging Car: Repair or Replace? By Philip Taylor of PT Money on Making Smart Car Decisions
3326: [Part 1] Your Aging Car: Repair or Replace? By Philip Taylor of PT Money on Making Smart Car Decisions

3326: [Part 1] Your Aging Car: Repair or Replace? By Philip Taylor of PT Money on Making Smart Car Decisions

Update: 2025-10-22
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.


Episode 3326:


Philip Taylor breaks down the financial and emotional dilemma of whether to repair or replace an aging car, guiding you through five practical questions to assess safety, cost, and long-term value. His thoughtful analysis, paired with an inspiring story of a car-free lifestyle, offers a fresh perspective on what smart, frugal vehicle ownership can really look like.


Read along with the original article(s) here: https://ptmoney.com/repair-or-replace-car/


Quotes to ponder:


"Is your vehicle spending more time in the shop than in your driveway?"


"Even if the safety standards are up to par, reliability can be a big issue with older cars."


"Before you agree to any work done on your car, get an estimate in writing."


Episode references:


Consumer Reports: https://www.consumerreports.org/cars


Enterprise Plus Rewards Program: https://www.enterprise.com/en/loyalty.html


Edmunds Car Value Tool: https://www.edmunds.com/appraisal


Kelley Blue Book: https://www.kbb.com


ZipCar: https://www.zipcar.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

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3326: [Part 1] Your Aging Car: Repair or Replace? By Philip Taylor of PT Money on Making Smart Car Decisions

3326: [Part 1] Your Aging Car: Repair or Replace? By Philip Taylor of PT Money on Making Smart Car Decisions

Optimal Living Daily | Diania Merriam