Originally Posted by thesaltydog24
So does this mean BOB will be sticking around?
Ya know... if you'd asked me that this afternoon when I got the invoice of work and the whopping price tag attached, I would have shouted a resounding NO FRACKIN' WAY!
However, after the initial shock wore off and I saw that almost exactly HALF of the cost was in labor, I am more likely to reconsider. All told, the bill came out to $3,800+ for repairs, which includes parts and labor. Granted, that is a complete
list of repairs, not just work that needs to be done right this minute to make BOB road worthy. I can actually afford what needs to be done to get the bus running properly.
But in the long run it all comes down to pure economics. Is the initial cost of the bus, plus the $450 for the fuel pump, plus the $1,700 in parts, plus the additional $1,200 in tires (needed for any long distance driving), worth keeping the bus? Or, would it be more cost effective to cut my losses, count the $800 total (fuel injection pump + current repair bill) I need to pay to get it road worthy as my "lessons learned" and try to sell BOB with the hopes I'll at least recuperate my initial purchase price? I don't know. I've gone back and forth several times today with "Yes" and then "No" and then "Yes" again.
To look at it in a cold and calculating manner, the outlook doesn't look good for BOB sticking around.
Keep BOB and I'll end up spending $3,350 in material costs alone, plus have a continuous monthly bill for insurance and storage fees (which can add up to another $1,200 per year). And the 33k doesn't include any labor costs that I may have to pay for service Tommy & I can't manage ourselves.
Sell BOB and I'll have spent approximately $800 in repairs now, plus maybe lose another $500 if I can't get the original sale price out of him, but will save myself the $1,200 in insurance and storage.
$4,500 to keep BOB
, or $1,300 to sell BOB
Pure economics say sell the bus
. Stubborn pride says keep it and damn the bills.
If I wasn't so hard up for money right now, I'd tend to go with my pride and just keep living paycheck to paycheck. But since I'm on my own now and paying all the bills, I can't see spending money that would be better spent on groceries, heating bills and minor home improvement projects that might get a better price for the house.
Final Verdict - just arrived at while typing:
Once BOB's passed inspection, gotten tuned and had the repairs necessary to make him road worthy, he'll probably go on Craigslist, or e-bay.
I'll tackle this again once the house is sold and I've money in hand... PLUS have a sane head on my shoulders... and get precisely the bus I want, not just any bus that I grab in a moment of desperation.