Making the decision to repair or replace a car can be a difficult one. As a frugal-minded individual, it's important to consider the cost of repairs versus the cost of a new car. If the repair costs are higher than a full year of car payments, then it may be time to reconsider repairs and look into other options. When deciding what to do with a car that is too expensive to fix, it's important to consider the current condition of your car, how often you have needed repairs in the recent past, and how often you anticipate needing repairs in the near future.
If you don't take good care of your car, you're more likely to incur big costs when you go to the auto repair shop. In some cases, it may be better to reduce losses and sell the car. This is especially true if the car is old and the cost of repair is high. However, if the car is relatively new and in good condition, then repairing it may be worth it in the long run.
When faced with a costly repair bill, it's important to weigh all of your options carefully. Consider the cost of repairs versus the cost of a new car and decide which option is right for you.
