Many more miles in my '98 Camry?
Question: I am driving a 1998 six-cylinder Toyota Camry with 123,000 miles. It runs well but leaks oil, yet I don't even need to add oil between oil changes. My local mechanic asked me if I would rather have leaking oil or a car payment. Given its age, should I be concerned that parts will soon not be available? Is there a rule of thumb that when costs exceed a certain amount, it is time for a new car?
Question: I am driving a 1998 six-cylinder Toyota Camry with 123,000 miles. It runs well but leaks oil, yet I don't even need to add oil between oil changes. My local mechanic asked me if I would rather have leaking oil or a car payment. Given its age, should I be concerned that parts will soon not be available? Is there a rule of thumb that when costs exceed a certain amount, it is time for a new car?
- M.J., Western Springs, Ill.
Answer: With a car of this vintage, you may have some difficulty finding some parts. But it is such a popular model that you need not worry. What is more likely is an expensive repair in your future. It could be a transmission or an engine and would cost thousands of dollars. Sure, that money would make a down payment on a new car, but you will lose that during the first year you own it. New cars lose nearly 25 percent of their value during the first 12 months. Keep in mind that the cost of insurance and other things may also be higher on a new ride. You won't get much for your old car, so it may be better to drive it until it dies of old age.
Q: I had a similar problem with a Honda several years ago like B.W. from Downers Grove, whose interior got uncomfortably hot on sunny days. My solution was simple and free: I put a folded washcloth over the sun sensor on the dash. The color matched the dash and it was handy for dusting the instrument cluster too.
Q: I have a 2005 Lexus LS430 with 165,000 miles. I have replaced a transmission with a Lexus rebuilt for $4,500. I have replaced a radiator and water pump. The car is in excellent-running condition. Can you predict if the car will last over 200,000 miles without any major repairs?
Q: When turbochargers first appeared, changing the engine oil required a special procedure: cranking the engine with the ignition off to allow the oil to get to the turbo's bearings. Failing to do so, spinning the turbo with dry bearings, could damage it. Is this still required today?
Bob Weber is a writer and mechanic who became an ASE-certified Master Automobile Technician in 1976. He maintains this status by seeking certification every five years.