There is not a much worse feeling, than paying off a car and having something go wrong with it very soon thereafter.
Of the last three vehicles I have managed to own free and clear, none of them have gone more than a year without having some major issue.
Case 1 - The Oldsmobile Bravada
Less than three weeks after paying it off I had to have the transmission rebuilt. At the time I figured the cost of it roughly equaled the car payment I would have made over the next two months, so instead of trading it in I had it repaired and moved on.
|This isn't the actual car, I walked away unharmed.|
His insurance company bought me out, but I still had to spend some money for a new car since the value of the Bravada was not enough to buy a new car outright.
Case 2 - The Nissan Pathfinder
|Tats for Papa? Nope.|
Case 3 - The Chevy Trailblazer
Less than seven months after paying it off, and only two months removed from the Pathfinder incident, we discovered a repair that needed to be done on the Trailblazer. It's fine to drive for now, but soon the axle will fall apart if we don't fix it. I don't think that's a safe vehicle for Mama to be toting the girls around in, so we have to get it fixed.
|We all know this Axl is broken.|
Is this just a phenomenon that happens to me, or is it true across the board?