It’s something that we will all likely have to decide at one point or another in our driving lives; do you put money into repairing a used vehicle or do you trade it in for a new vehicle? Both have advantages and disadvantages, but oftentimes buying a new car is a way more expensive way to go.
Vehicle repairs will come up if you’re driving a used or older vehicle – that’s a given. This makes drivers nervous. Normally, your warranty is up by the time you make your last car payment. This brings on the worry about how long your car will hold out without having to put lots of money into auto repairs or other serious vehicle problems.
Here are a few things to consider though when thinking about repairing or replacing:
- Preventative maintenance goes a long way toward getting the most out of your vehicle. Following a service interval schedule as your vehicle ages will help to ensure it is safe and driving well. Knowing what repairs or maintenance should be done, or may be needed, at certain mileage points, can help you prepare rather than deal with unexpected repairs. Saving this money out up front, will help to alleviate the stress of coming up with the money then and there.
- Learn how to identify if a warranty is worthwhile. Many people struggle with keeping a vehicle after the factory warranty is up. There are many extended warranty plans out there, but you don’t want to pay for one that won’t cover most of the repairs that you’ll most likely face. You’ll be paying for – well – nothing. You may not benefit from a service contract if the product isn’t likely to need repairs, or if the potential cost of repairs is low. You’ll want to make sure the extended warranty will cover expensive repairs that you want to prevent paying for. Also keep in mind that a reputable auto repair shop will offer a warranty for their work. Here at Good Works Auto Repair we offer an industry leading 36 month, 36 thousand mile warranty!
- When you calculate the cost of a new car payment, make sure to include repairs and maintenance along with increased insurance costs in that monthly price. Many people budget for just the car payment, when in fact it is likely going to be higher. Buying new rather than budgeting for auto repairs is often more money in the long run.
Now that you know what to consider, you just need a trusted repair shop! Give us a call and get your vehicle on track for a long and safe life.
