Whether you are deciding to repair your current car or buy a new one, there are a variety of circumstances to consider. Primarily, you must consider
your vehicle’s history, current economic value, its safety and reliability. If your car is currently facing a tremendous repair bill, the easiest solution may be to buy a new one. But is this really your best bet?
Before you make any sort of long-term commitment, do some research and weigh your options. Make an informed decision based on the most feasible financial decision and produces the least amount of anxiety.
We’ve developed a list of tips and circumstances that, we hope, will help you decide to repair or buy a car:
#1 Do not spend more on auto repair bills than your car is worth.
#2 Consider investments: Those already put into your car and have your mechanic evaluate how much more you’ll need to spend to keep it up and
#3 Test yourself: Start setting aside a few hundred dollars every month to see if you can handle a new financial obligation.
#4 Ask your banker or dealer to examine your credit score and propose an interest rate for a loan.
#5 Find a Motorist Advocate™: a certified mechanic who will be reliable and save you money on auto repair bills for your current or new car.
#6 Research reliable warranty companies: because a $2000 repair bill may not be so bad when you are only responsible for $200 of it.
#7 Spend some time with your Mechanic-on-Duty: You can talk about prospective automobile purchases and gather the most up-to-date information regarding fair prices and reliability.
In it’s second year Mechanic-on-Duty, the Motorist’s Advocate™ has been busy helping thousands of drivers save money on auto repairs. join Mechanic-on-Duty and for less than $.25 per day you can be covered.