Originally Posted by Adamjeeps
There comes a point in time when it doesn't make sense to keep putting money into an older vehicle unless you have a classic that is an investment. Why change the items you have listed above if they still work properly? If you plan on keeping it for awhile the belt might be a good idea but I can't see spending the other money when you don't need to.
Are you brake pads wearing out that quickly? It seems to be you are going overboard on items (power steering fluid, brake fluid).
Yes, this is the price we pay living in NYC. I basically change the front pads every 2-3 years, the rear every other front change. I also have the Premium Centric slotted & Drilled rotors installed few year back. Akebono pads all the way.
The way I look at it, a bottle of Mobil ATF cost about $10, and it would last me at lease 7-10 drain and fill; brake fluid need to get change out every 2 years, the fluid cost about $40 every 2 years; oil change once a year, including the 2 filters, cost me about $40/yr (got my OEM filter for $4.5 a piece); the 12 qts of toyota transmission oil I got cost me $80, about every 6 years; Techron cost me $10 a year; Coolant is about $100 every 3 years; gear oil cost me $20 for the 10 years....
All in all, I calculated that my total maintaining cost for the last 10 years is about
Oil Change $400
Brake pads & fluid $600
Gear Oil $20
Cabinet & Air Filter $100
Not bad at all for 10 years! I do plan to keep the car as long as I can.
My guess is that I would most likely pay another $2200 to get the belt, alternator, spark plugs, water pump change out. Maybe more... I think you have a good point, the belt seem to be a piece that would wear out over time.