Repair or Buy New

DanLM2004

Hey All,

I have a 2004 Honda Accord EX Sedan 4c with 101,000 miles. I spent $1600 on an alternator already this year. Now it needs to following repairs worth $4800. These are dealer prices but I'm thinking it would still cost at least $3000 with another shop. Trade in value (KBB) is around $2000.
Is it worth the repairs or should I sell. More than the mileage it seems to be the age of the car?

AC Condenser Replacement: LEAK FOUND AT FRONT OF A/C CONDENSER AND NEEDS TO
BE REPLACED AND PERFORM EVACUATE AND RECHARGE SERVICE 1022.40
AC Discharge Hose: A/C DISCHARGE HOSE FROM COMPRESSOR TO CONDENSER IS
LEAKING AND NEEDS TO BE REPLACED 380.00
[Primary]: AIR : STATE INSPECTION: CHECK & SET TIRE PRESSURE PSI: LF_RF_LR_RR_

Brake Fluid Exchange: BRAKE FLUID DUE. FLUID IS DISCOLORED 119.95
Coolant Fluid Exchange - 4 cyl: COOLANT DUE FOR REPLACEMENT 99.99
Boots - Ball Joint Front Lower: FRONT DRIVER SIDE LOWER BALL JOINT BOOT LEAKING
GREASE AND NEEDS TO BE REPLACED 247.00
Sway Bar Links - Front: FRONT DRIVER SIDE STABILIZER END LINK BOOTS TORN AND NEEDS
TO BE REPLACED 150.00
Sway Bar Links - Rear: DRIVER SIDE REAR STABILIZER END LINK BOOTS TORN AND NEED TO
BE REPLACED 156.00
Steering Gearbox Replacement: LEAK FOUND AT RACK AND PINION AND NEEDS TO BE
REPLACED 2307.80
Total $4,805

DanLM2004

Repair or spend the money on buying a new car

kyfdx

DanLM2004 said:

Repair or spend the money on buying a new car

From that list, it seems that the car hasn't had much maintenance completed over it's lifetime.

$1400 for A/C and $2300 for a new steering rack?

I think I'd dump it for whatever I could get, rather than spend $3700 on it for those two items. No benefit in the low miles, if it has that many needs. 15 years old.

DanLM2004

Yeah those two are the big items but that is the dealer price. Another shop would be able to do it for $1100 for those two items. ($700 + $400) including parts and labor.
The rest are just routine maintenance items.