It’s an unfortunate situation that many find themselves facing at some point: should you repair your car or buy a new one? In this two-part blog series, we’ll discuss the logistics of each side. First up: opting for repairs.

While all collision or repair situations are different, the cost of repairs will almost always be less than buying a new car. Additionally, take these points into consideration:

  • A new car means a higher insurance rate and having to pay registration/titling fees.
  • Making a hasty large purchase could be more detrimental to your savings. It might be better long-term to budget in repairs for a few more years of saving.
  • You have to figure out what to do with your old car. Is it even worth selling for money to put towards a new car?

If you don’t already, check your owner’s manual to see when you should be getting regular maintenance. Paying for maintenance fees over time will save you money when compared to a high-cost repair that could have been prevented. This could help tide you over for the next few years as you save for a new car.

In our next blog post, we’ll be taking about the buying a new car side. If you want to compare and contrast, you should prepare some basic cost analysis to help you decide as you read. Our experienced technicians can also help you figure out what’s best if you’re still not sure of the estimate on certain repairs.