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Fix Up or Junk: Comparing Auto Repair Costs With the Cost of a New Car

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Do you have an old car that barely runs?

There comes a time in every car owner’s life when they have to decide what to do about their car. No car was built to last forever and even if your vehicle has served you well for many years, eventually it’s going to be more trouble than it’s worth.

Deciding whether to keep repairing it or selling it and getting something new is a big decision, but that’s why you’ve got us. Today, we’re going to help you examine your auto repair costs so that you can decide if it might be time to search for something new. And if it is time for something new, how are you going to sell your car that barely runs?

Let’s find out.

Looking At Repairs

As the owner of an older vehicle, you’re probably no stranger to the local repair shop. It’s not always about each individual repair, because every little thing isn’t going to be that serious or expensive. It’s when you’re experiencing one small problem after another that the costs start to add up.

At the same time, when the problems are small, it’s easier to talk yourself into staying in the same car. For most people, the big repairs are the thing that pushes them towards a new vehicle, but it’s important to look at what you’ve cumulatively spent on repairs over the last couple of years.

The Cost of Buying New

When you realize you’ve spent thousands of dollars on keeping your car safely on the road, it becomes easier to detach yourself from it. New cars have come down quite a bit in price over the last decade or so, with more manufacturers focusing on compact, fuel-efficient vehicles.

There’s also the used car market that you can explore, but you have to do your research to ensure that you’re not buying another car that’s going to need a lot of repairs.

Follow Your Gut Instincts

When your repair costs have been piling up or you’ve got an engine failure that’s going to cost you thousands of dollars to fix, it might be time to sell your old car and get into something new. But, if you love your car and the repair costs aren’t breaking the bank, then you can keep driving it for a few more years. Just know that someday, you will have to get a new car.

When that day comes, your old car might not fetch much on the open market. That’s when junking a car makes the most sense. Finding a great “junk my car” company isn’t difficult and the process is super simple.

All you have to do is provide the buyer with the right information and they’ll send you a quote for your car. Once you agree to the amount, they’ll arrange a time to pick up the vehicle and you’ll get cold hard cash in return.

If Auto Repair Costs Are Bringing You Down…

Don’t let auto repair costs bankrupt you. Sell or junk your car and buy something a little more reliable. It might just end up saving you some money in the long run.

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