Car repairs are inevitable. Like any other material things, our vehicles won’t last forever. There will surely come a time when you have to make a decision whether or not it is more practical to simply get a new ride. Here are some key questions to help you decide:
How much will the immediate repair really cost? Don’t go on a gut feeling. Call your trusted mechanic for a quote or better to take it to the shop so you can know exactly the cost to repair.
How long will the repair dd to the life of your car. If the repair would significantly and years to the life of your vehicle, then it might be a great idea to settle for a repair. Also, if the work is something that’s only a once in awhile issue, and will add a few more years to the life of your car, then it makes sense to get it done. But if the repair is just one of many that will come, it probably makes more sense just get a new one.
What is your car worth if it’s not repaired? You may wish to sell your car to someone who can do the repair or you may choose to sell it for scrap value. If you wish to do the latter, then get in touch with us here at Free Cash 4 Cars.
Have you replaced other major parts? If you’ve recently repaired a major part of your vehicle such the transmission, that’s one less major bill in the near future. If your car’s major components are newer and hopefully more reliable, then getting some minor repairs is worth it.
How important is a reliable vehicle to you? Your job or family situation will all play a role in the need for a reliable car. Can your lifestyle allow you to be more flexible to deal with a stubborn vehicle?
Will the repair cost more than the car’s worth? Apparently, it doesn’t make sense to spend $3,000 for car repairs with a vehicle that only cost $2,000.
So do the math. How much are you paying in maintenance and repairs? Consider that a couple hundred dollars for regular maintenance every several months may be less than any new car payment. Note that if your car is paid off and completely yours, the only costs you need to really consider are insurance, and maintenance. Assuming that you’re paying so much just for maintenance, then getting a new car will make more sense.
If you’re looking for campanies that buy old cars in Raleigh, get in touch with us. We buy any vehicle type, running or not!