These days, people often avoid major car repairs by simply going out and buying a newer car. While this does solve the problem, it can also cause you to spend thousands of dollars unnecessarily and take on debt that can last for years. Often, repairing is still the better option. Here are four times when it’s better to pay for car repairs than buy a new car.
When the Engine Blows on a Common Car
Surprisingly, a blown engine isn’t a death sentence for most cars. If you drive a common model made by Ford, GM, Toyota, Honda, or another major company that has put millions of vehicles on the road, it’s likely cheaper to find a used engine. Engines sourced from salvage yards are often in perfectly good shape and will cost you far less than buying a new car. You may also be able to find an engine from a local mechanic if they have recently brought in a car with significant body damage but an engine that still works.
When Your Suspension Gives Out
On an older car with high miles, it’s normal to start having a bit of a bumpy ride due to aging suspension parts. Suspension work falls under the category of general car repairs that are relatively affordable when compared to the price of a new car. While having your struts and shocks replaced is inconvenient, it’s still a far more cost-effective solution. Once you have your suspension repaired you’ll start noticing a smoother drive almost immediately.
When You’ve Been in a Minor Accident
Getting into a wreck can end a car’s life, but it doesn’t always have to. If the damage is largely cosmetic, a body shop will likely be able to have you back on the road fairly quickly. Even if you have to source some new body panels, the cost will still be much lower than buying a new car. This is especially true in cases where the damage is mostly confined to one or two parts of the body. Often engine-related repairs from a minor accident will be simple enough to repair as well.
When Your Car’s Engine Is Acting Up Due to Electronics
Modern cars are essentially giant computers. While this allows them to work as well as they do, it can also make them function poorly when electrical components fail. If your motor is idling high or seems to be running rough, an electrical part could be the cause. In some cases, though, motor issues caused by a faulty sensor can seem like serious mechanical problems. If you’re having engine problems, take your car to a mechanic to have it hooked up to a digital diagnostic tool. This tool will give you a better idea of what’s wrong and allow you to make an informed decision about whether or not to fix it.
Under most circumstances, it’s better to repair your current car than buy a new one. Even if the fix looks expensive, it may be cheaper than completely replacing your vehicle. Talk to your mechanic to decide what the cost would be, how much life your car has left in it, and your future options.