Whether you have been in a crash or your car is just breaking down as it gets older, the cost of needed repairs may be climbing. But when is it not worth repairing a car? That question can be tough to answer and depends on a number of factors. That’s why Main Auto Body, Inc. has collected a few things to consider when deciding to scrap your current car or invest in repairs.
The Cost of Repairs
Most decisions about whether to keep your current car or not come down to how costly the repairs you need to have done will be. At a certain point, it makes more sense to put the money that you would spend on maintenance towards buying a new car. This level can vary for many, but the general threshold is that once repairs cost more than the value of the vehicle, it’s time to start shopping for a new one. When this is the case, it becomes important to know how much your car is worth so you can compare it to the cost of repairs. Being informed will help you accurately assess the situation and make the right financial decision for you.
Look to the Future
While the repair you need may not be too costly right now, the potential for future issues should also be considered. As cars age, they are more likely to break down, creating more and more causes for repair. So, while each individual fix you get may not add up to the total cost of the car itself, collectively they have the potential to do so.
This can also take place in the form of lost fuel efficiency, which usually suffers when the car gets older. If you’re finding that you have to pull into gas stations more frequently than you used to, the expense of gas will start to climb as you continue to drive. Take a wider view when deciding to replace your car. The individual incidents may not seem like a lot, but if they continue to happen, then you should start looking for a replacement.
Keep Safety in Mind
It’s important to remember that any breakdowns suffered by your car don’t just hurt your wallet – they could make driving unsafe for you and your passengers, too. When damage after an accident results in severe body and frame damage, excessive misalignment or engine failure, the risk of future problems escalates significantly. And depending on the age of your vehicle, it may lack certain safety features, like side airbags, electronic stability control and improved brakes. Upgrading to a newer model, even if more expensive, may deliver safety benefits that outweigh the savings of repairs. If you feel unsafe because of the state of your car, scrap it and move on to something that will give you peace of mind on the road.
Make the Right Choice for You
Deciding whether to repair or scrap your car is a tough situation. If you’re not sure about what to do, get the input of a seasoned auto tech working with a reputable repair shop. They can assess your vehicle and help determine which solution is right for you.
If you do decide to have your vehicle repaired, the experienced team at Main Auto Body, Inc. can help with collision repair and paintless dent repair services that will have your car looking as good as new. Visit one of our nine locations throughout the Willamette Valley and Central Oregon Coast to get your car back in shape.