People always say not to fix a car when the repairs are greater than the car's resale value. I disagree.

The resale value for other cars like yours is low because the cars need repair. No one knows if it's a new motor, transmission, or simply a gasket.

What you should do is compare the cost of repair to what it would cost to get into a similar vehicle. If you put three grand into your current vehicle and get it 4.0, you won't even come close to what the taxes are on a new CPO.

It is cheaper to just keep fixing the car. Do the numbers.

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Mark
2001 3.0 Original Owner, still going
2012 E70 xDrive 35i Pre-Owned -- sold because no one could figure out the transmission problem