Should I repair my car, or buy a new one? Posted on: 07, March, 2014
I think we’ve all faced this question at some point in our lives, usually following a stressful roadside breakdown or a costly repair estimate from another local Palo Alto auto repair shop.
Once you get past the initial stress of the situation, you might begin to weigh your options, research new and used vehicles, or swear off driving all-together. When it’s all said and done, the decision typically comes down to one major factor…cost.
What may surprise you is:
In most cases it’s more cost effective to get your car repaired than buy a new car.
This is especially true if your current vehicle is paid off. Sometimes people can forget to take into account that even if your initial downpayment on a new car is cheaper than the cost of your repairs, your new car also comes with a whole new set of payments – every month!
Palo Alto Shell’s advice? If your car or truck still fits your needs, keep it. Don’t forget that a new car, even if it’s a used vehicle, will likely come with a brand new set of monthly payments. The occasional costly repair will almost always equate to less money spent yearly, once you calculate in a new car payment along with the regular maintenance is required with even your new vehicles.
Remember that the best way to save money in the long run, whether you choose to purchase a new vehicle or stick with your current one, is to keep up with the monthly maintenance items on your vehicle. This will help you to avoid costly repairs in the future. If you ever find yourself looking for advice or in need of repairs, give us a call. Let us prove to you why Palo Alto Shell is the best choice for auto repair in Palo Alto, Los Altos, and Mountain View!