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So I was driving on my way to work a couple of days ago when my check oil light came on, with a message saying there was low oil pressure and to stop the car immediately. Since I was more than halfway to work and there is a shop next door I dropped the car (2005 Volvo S60) off there.

I get a call the next day from the shop saying a cam seal broke, and that only a Volvo dealer can do the repairs since 'special' tools are required. AAA towed it to a nearby dealer, and they in turn told me that EVERY seal broke and that there is oil in the timing belt. They gave me an estimate of $3200 to fix everything.

Assuming they are telling me the truth (and I'm not sure they are) I know that is not worth it given the age of the car. So how can I get the most money out of it? Should I junk it? Part it out? Trade it in? (It still drives for now) The car is in otherwise excellent shape with 118,000 miles on it.

Furthermore, what's a good replacement car? I want something Japanese - this car was a money pit. I'm thinking something along the lines of a Fit, Accord or a Camry - maybe a Subaru, but I'm told they aren't quite as reliable. Should I go get a new or a newer used car? I just want something practical that won't give me trouble.



Submitted April 20, 2017 at 09:09AM by Rolpa http://ift.tt/2pGCE7t

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