Would you invest $1900 in your car for body work

I had a Corolla I paid 800 dollars for
I got into a fender bender which amounted to a small mark on my front bumper — insurance paid me $948 dollars to fix it
Soooo I spray bumper with a can of black spray paint :sunglasses:

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I have the money.

What year is your car? Actually, that won’t help me much because, in Michigan, cars wear out much sooner than out west. I just mean is it getting old. Is it still dependable?

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It’s a 2012 and very dependable.

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If you’ve got the money and you pride yourself on a nice-looking car, I’d say go for it.

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No not if it was worth 3700. Save the money for inflation or a rainy day or if any mechanical problems arised interfiering with the ability to drive your car

In the book ‘The Millionaire Next Door’ the author says that when spending you should demand 100% added value for every dollar spent. So unless $1 spent gives $2 added value then don’t spend. The book is basically about frugal lifestyles being the path to wealth.

How much have you spent on repairs in the past 2 years? Beyond basic oil changes/brakes/etc?

If your car is needing lots of repairs lately, might be better to use the 1900 on a down payment for a newer car. If it has been otherwise reliable, and the damage is potentially going to lead to bigger problems, might be better to fix it now. If the car is reliable, but the damage is purely cosmetic, it mostly depends on whether you feel like spending 1900 to keep the car looking nicer. I didn’t bother doing that with my older car, because I was using it to teach my friend to drive and I knew that fixing cosmetic damage would be a never ending cycle. But I think it is a very reasonable thing to care about.

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I would spend the money on the car if it’s reliable and your only mode of transportation

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