OK, I've been driving my dads old truck for about 2.5 years now. It sat in my parents driveway for about 1.5 years before I started driving it. I've sunk about $4000 into it... brakes all around, suspension all around, tires, rear axel, air conditioner, alternator, brake lights (electrical problem) and transmission servicing are all the major things I've fixed.
Problems not fixed... Camber on the front passenger side (tire is wearing on the inside), roof leaks ($1200 estimate to fix because of the fecked up ford design and the rear window has to be reset - troughs on the roof that trap water). The body shop said that they might not even be able to fix the roof because of the design and where the rust is. He's going to do some research, but he's not sure that epoxy or bondo would keep the water out for even a year. Also, the engine is burning oil at about 1qt every 4000 miles. Leaks in the roof have caused mold that I am constantly fighting to get rid of and it stinks. Also, my battery either is being drained somehow or I have an electrical problem.
Circumstances: The truck has 198000 miles on it. TPW is in PA school until next spring and might not have a full time job until May next year. So we have 1 income and loans.
Should I suck it up and put up with the leaks, maybe just get the rear window reset? Maybe do a redneck fix and sand the rust down to bare metal and hit it up with flex seal? That and fixing the camber would likely cost me about $500 and I might be able to put up driving it for another year to 18 months. Who knows what else might go wrong though in that time. Trying to fix it all would probably cost about $2000 - $2500.
OR should I just get rid of it and get a new a truck and quit sinking money into this thing?
$2k doesn't equate to 12 months of car payments, but is it worth $100/mo to have piece of mind knowing my vehicle won't leave me somewhere or be out of service AGAIN?
Vehicles I'm considering.... Toyota Tacoma or Ram 1500