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My girlfriend and I have lived together for 2 years now and we work different shifts and whatnot, so there has been a need for 2 cars for jobs to work out. This is her 2nd car now to die out on us.....it is a '94 Ford Taurus which seemed to be in great working condition until it stopped shifting into anything past 1st gear. We took it in to get it checked out and lo & behold....it needs a transmission overhaul.
This would cost us around $1400 to $2100 to get it fixed up. I am tired of spending $ on cars so my question is this:
Is the transmission overhaul worth it, at this point I am wondering if I should buy a new "used" car....maybe with 6k to 8k miles on it for around $8000 and just have a nice working car for a good amount of years. The Taurus has 150k miles on it.
Should I buy a new-ish car, or stick to the one I have and get the transmission overhauled?