Repair or Replace? How to Know When It’s Time to Scrap Your Car

by

24 October 2018

Automotive

Repair Car

The line dividing when to keep or get rid of your car is one of the less appealing aspects of vehicle ownership. Sometimes we just want to be told the answer ahead of time.

If you’re stuck between not knowing if you should take your car to an auto wrecker or to hold off just a little longer, here are a few guidelines that could shed some light on the answer you’re seeking.

Outweighing the Odds:

The first thing to consider is how much your car is actually costing you in repairs on a monthly to yearly basis. Is this quantity more than what it would cost to purchase a new car and pay a monthly payment?

If so, then it’s probably safe to say that you should invest into buying a new vehicle.

Of course, when balancing out these odds you must consider the insurance difference on a new car will be a lot more (with things like collision) than you might be paying currently. For the most part, if you’re already paying a whole bunch to keep it running, why not make the change for the better?

When Old Reliable Is Not So Reliable Anymore:

If your car is reaching the point where it’s peaking at 200,000 miles (125k kilometres) things are getting a little squeaky, and the check engine light isn’t turning off, then that’s a good sign the clock is coming down to the wire on making a new purchase.

Breaking down is no fun when it’s a late night after a long day of work and it’s the last thing you need in your life. And trust me, these things hit you when you least expect them to.

For you, is the main question what you’ll be fixing next? If yes, then your car is past its prime.

 

With older vehicles, the engine and the transmission are likely to begin causing problems. Therefore, if you want to save yourself the trouble and the late night anxiety then scrapping is the best option here.

Old Reliable

Photo by Dietmar Becker on Unsplash

Looks, Matter:

Sometimes it’s not always about the inside, but the outside too.

With appearances, compromised vehicles are those that show signs of rusting on the exterior. If you don’t mind this, then you should just be concerned about the parts below your car that are showing signs of rust and could become compromised.

Aside from deteriorating metal, some of us actually want to look good when we’re driving around. If you feel like your car isn’t up to your standards, or the bodywork and chasey is beyond repair, why not trade it in for something newer?

Get it While You Can:

Trading in your used vehicle may be the last thing your car will ever give you. Whether it’s a little or a lot is up to you, depending on how long you wait or not.

While your car is still worth something, sometimes it’s better to trade it in than to wait until its worth next to nothing. What you should do at this point is check your incentives and approach certain dealerships to see what they would offer. And if the timing seems right, then so be it!

Making the Right Trade:

All of this information would be useless if you traded in your car for something of the same quality. Therefore, the most useful tip to give is to really consider the car you’re going to purchase in place of your scrapped one!

If you are basing your reasoning on getting a newer vehicle because the payments will be equal to the repairs, then make sure that your new car won’t need any of these same repairs.

Furthermore, if going through a dealership, make sure to have them provide free maintenance and oil changes for the next one or even two years, just to ensure that your trade is going to be worth it.

Read Also:

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Car Models

2022 Car Models Drivers Crave – What’s on Your Radar?

Amateur or professional, it doesn’t matter. If you love driving, when you’re behind the wheel you want sleek, sexy, and fun. There are the same cars that are ‘spit’ out year after year, and then there are those worth the wait. If you are a car enthusiast, patience is a virtue as the cars listed below are due out sometime within the next three years. Some cars may be financially out of reach, but that doesn’t have to be so if you thoroughly research auto insurance quotes online. Saving money on your policy means being able to spend more where it counts – on the vehicle you will love to drive, and love to show off. 2023 Chevy Corvette Z06 Expected early 2022, the Z06 starts at $85,000 and resonates along the lines of a Ferrari. With a 5.5 liter, V-8 engine, it revs between 8,500 and 9K RPM, it will get you wherever you’re going fast with its 600 plus horsepower engine. 2023 Ford Bronco Raptor If you’re looking for off-road fun, the Raptor is built for you. This SUV is expected to be four-door, have Fox Live Wire dampers (making off-roading a breeze), and 37” all-terrain tires. There will be a rear anti-roll bar, and it will be taller and wider than its younger sibling, the standard Bronco. 2022 Ford Fusion Active Is it a station wagon or an SUV? Perhaps that’s why they call it a Fusion. This sedan is likely the most practical of the bunch; it will have an 8-speed automatic transmission and is based on the European Mondeo wagon. Prices should start between $30-$40K, making it a highly affordable vehicle. 2024 Honda EV SUV This vehicle represents a meeting of the minds between Honda and GM as it will be utilizing GM’s Ultrium battery platform. Honda is making an ambitious commitment to eventually sell only electric vehicles. They recently announced that by 2040, they will only be producing battery-electric and hydrogen fuel-cell vehicles. 2022 GMC Hummer EV Discontinued back in 2010, the Hummer is about to make another appearance on the market. Once known as a gas-guzzling monster, the EV edition is expected to be an all-electric pickup that offers up to a whopping 1000 horsepower. Late for Grandma’s house? No problem, the Hummer EV will get you going 60 mph in 3 seconds flat. 2023 Hyundai RM20 N Is it any great surprise that new vehicles sound a lot like newfound stars? The 2023 Hyundai RM20 N is expected to rival Nissan Z and Supra in high-performance sports car sleekness and handling. It will produce over 300 horsepower while also providing extreme affordability. 2022 Mercedes-AMG SL-Class Also called Mercedes-AMG SL, this soft-top convertible is expected to offer all-wheel drive, and is a bit of a throwback to the glamour and sultriness of the company’s vintage roadsters. Both inline 6 and V-8 engines will be available, with new models starting at just under $100,000. 2022 Ram Dakota Expected to be less expensive and smaller than the half-ton Ram 1500, the 2022 Ram Dakota will catch the eye of those who loved the Dodge Dakota from a decade or more ago. It’s likely to have a 3.6-liter V-6 engine or a 3 liter V-6 which can generate 260 horsepower. Targeted for those looking for off-road adventures, it’s likely to exude a rugged appearance, with sturdier tires. 2024 Toyota MR2 If there’s one thing Toyota likes and is good at, it’s making sports cars. The MR2 is no exception. This 2-seater is likely to be electric or at the very least, hybrid, like Toyota, like Honda, is making a push for selling exclusively electric vehicles. Starting at a mere $45,000, this agile sports car looks like it’ll get anyone’s motor running. 2024 Volkswagen ID.Buzz Microbus Did someone say, Woodstock? The 2024 VW Microbus is well beyond its forbearers. This all-electric van will start at an estimated $40,000 with the base model putting out about 200 horsepower and the all-wheel-drive version up to 300. With battery ranges of up to 340 miles, you can take the family on any camping or music festival adventure in style. Whether you’re daydreaming about your fantasy car or are squirreling pennies away to save for it, your dream car is due to appear on the road sometime within the next three years. Allow yourself the ability to afford it by searching for the best insurance policies at the most affordable rates. Read Also: Beginners Guide To Buying A Classic Car Is Industrial Machinery/Components A Good Career Path In 2021? Key Stats to Know About the Automotive Aftermarket Why do modern people prefer Coliving to other housing options?

READ MOREDetails
Car Insurance

Car Insurance: What You Need To Know Before Taking The One!

Accidents happen, so it's very important to reassure that you have financial coverage and driving safely on the road. While having a car coverage is a legal requirement to stay protected financially at the time of the accident, people often overlook it. They consider insurance as another expense in the event. However, the best insurance coverage will offer cover for the injuries to other drivers, passengers, and their property. If you are going to take the one for your new or vintage car, keep these tips in mind: The Amount Of Coverage You Need: Before deciding upon the type of insurance, think of the total amount you need to invest in the car coverage. If you have a new car, a comprehensive policy would be helpful; else you can go for the liability policy. Liability coverage: This insurance cover damage is done to other insured vehicles that you are legally obligated to pay. However, it doesn’t cover damages done to your own vehicles. For instance, your vehicle accidentally damaged another car, and you are faulty, the liability insurance comes in. However, the best part of this insurance is that it is not deductible. This means, if you are using this coverage, you don’t need to shell money out your pocket. Comprehensive coverage: This type of insurance goes beyond liability coverage, as it covers damages that are done to other vehicles as well to your own vehicles. Also, the coverage includes damages made not only from the natural sources but also in the storm. Additionally, when you make a claim for this coverage, you have to pay something from your pocket. Furthermore, the coverage also depends on the assets incorporated the case as well as the age of the car. Check coverage, the price for the insurance, and the renewal period to pick the best policy that suits your needs. How You Can Buy! Policy provider, dealer, broker, web aggregators, there are many people to whom you can connect to get the best very cheap car insurance policy. Keep a background check of the insurer; make sure they have a valid registration number, which proves their authenticity. IDV And Why It Is Important? Insured Declared Value, is the current market value of the vehicle, which refers to the highest amount payable by the insurance provider for the vehicle insurance policy. You can call it the maximum amount you can easily claim for the total loss of your vehicle. It is also helpful in case your vehicle gets stolen or damaged and can’t be repaired. Insurance Claim Settlement Practice It’s a formal request made by the policyholder to the insurance company to offer a complete compensation for the loss. It offers coverage for medical claims and other death benefits on behalf of an insured person. Also, every company has its own rules and procedure, so look for the one that suits your budget and get you faster claim. The Insurer: Having a reliable, authentic and trustworthy insurance provider is a must to get the best insurance policy. Knowing the financial standing of the company will also help you shortlist the best policy at prices that suits your budget. Do check your insurer's overall statistics, the fiscal consistency, claim rejection ration and more. Additional Covers: To get the optimum protection for your car, do look for the add-ons for car insurance. For instance, if you drive long distance and late nights, you can have a road assistance insurance add-on. This will help you get the best assistance at the oddest times and whenever needed. Overlooking Personal Insurance: Having personal insurance will ensure that not only your vehicle but you will also stay safe. With personal insurance, you will get protection against physical loss and other disabilities. You can avail this insurance for some or all passengers that are travelling in your vehicle. Intermediates In The Policy: Due to lack of time, people often look intermediates; however, intermediates only promote products they get a commission for. So, don’t trust them completely; instead, compare quotes and then decide. To get the best car insurance policy, make sure to check claim related rules of the company, cost, and the company’s reputation. Do check them and get a safe deal! Read Also: 7 Reasons Why Teenagers Pay Extra For Car Insurance Car Insurance For Electric Vehicles Explained Why You Need Classic Car Insurance?

READ MOREDetails
Car’s Fuel Efficiency

6 Effective Ways To Improve Your Car’s Fuel Efficiency

Owning a car comes with many perks. You no longer have to endure the hassle of using public transportation when you can sit in the comfort of your own car. Along with this, you no longer have to wait for the bus schedule or squeeze yourself with everyone during the rush hour. However, even with the amazing benefits that your car can provide, there are some drawbacks. Unless your car’s electric, your vehicle needs gas to run for miles. Unfortunately, fuel prices are constantly increasing. While looking for the best gas stations that provide cheaper rates would be a great option, maximizing its efficiency could also be helpful. Some Ways To Improve Your Car’s Fuel Efficiency: 1. Go Easy On The Pedals As soon as you step inside your car, one thing you should keep in mind is to drive smoothly as possible. Not only that it can prevent you from pushing forward and backward every time your step on the brake and accelerator pedals, but it can also help you to save on your fuel consumption. Harsh driving and intense stepping on the pedals can hurt your vehicle and gas consumption, causing even more visits to the gas station. While it might sound exciting to frequently move your body and be intense with your every movement as if you’re a race car driver, it can negatively affect your gas consumption. In most cases, you’ll decrease your fuel efficiency by 15 to 30%. To prevent yourself from wasting money, you should go easy on the pedals and drive smoothly as possible. 2. Don’t Race On The Road An open road without any cars nearby might tempt you to test your speed limit. While it might sound exciting and fun, you should expect higher gas consumption. When you speed, you spend more fuel covering the same distance you would if you went a bit slower. If you’d like to save on gas, you should try to go slow, yet appropriate for the road, as much as possible. Research shows that your car is burning 25% more fuel if you’re running 80mph compared to 70mph. Moreover, depending on the car, driving over 50mph can reduce your fuel economy by 7 to 14%. If there’s no need to rush, try to slow down your speed and conserve your fuel as much as possible. 3. Check For Proper Tire Pressure While it might seem like a separate topic, your vehicle’s tire pressure can affect your car's fuel efficiency, forcing your car to work twice as much and burn your gas. You should begin by identifying your car’s ideal tire pressure and ensure that you keep it that way for your entire ride. Check your tire pressure at least every two weeks at the gas station or do it at home using a gauge and see if you need to add more air. If you choose to allow your vehicle to run with inadequate tire pressure, usually less than ten psi, it might affect your fuel economy by 10% for the entire trip. However, even with a single tire with an incorrect psi, it can still reduce your fuel’s efficiency by 3.3%. Moreover, this is only part of the car maintenance habits that you should observe regularly. 4. Remove Unnecessary Weight The heavier your car is, the more power it needs to run at your desired speed. Even if your vehicle can carry everything you put inside, it’ll only put more work on the machine, requiring additional fuel consumption. You should reduce what you throw inside as much as possible. If you don’t need to bring your kid’s stroller with you all the time or carry your bag full of clothes inside your car, you should consider leaving them behind unless you really need them for the day. Apart from unloading your trunks, you should also consider removing any unnecessary attachments inside your car. This will include your roof boxes and bike rack. If you don’t need them, you should just store them in the garage and attach them when required. While it might be added work, it could help you to improve your car’s fuel efficiency. 5. Plan Your Trips Planning your trips ahead goes a long way in maximizing your travel at the lowest cost. You’ll see which roads you should take, pinpoint heavy traffic points, and decide to take on shorter routes. To help improve your car’s fuel efficiency, you should check the traffic condition by checking the news or using a satellite navigation app that allows you to see the traffic condition in real-time. Moreover, avoiding rush hour would also help as it’s a traffic magnet, forcing you to be idle for a long time. Along with planning your trips, you should also consider making a single long trip, rather than reducing your trips into multiple ones, thinking that it’ll be more fuel-efficient. If you plan on making two short trips instead of one, you’re wasting more gas as your car would consume more fuel each time you turn it on. 6. Turn Off The Engine If you need to wait for someone while in the car, you might want to consider turning off your engine to save on gas. Even if you’re not driving your vehicle as you put it in a parking transmission, it’s consuming an adequate amount of gas, which could call for a visit to the gas station immediately. To avoid this happening, you should consider turning off your engine. When you turn off your engine, you can choose to leave the car or stay inside. However, if you’re staying, you should ensure that you keep your windows open to allow for proper ventilation as your car would be sealed shut, not giving you enough air to breathe in. Takeaway Improving your car’s fuel efficiency can really be challenging, especially if you have a usual driving habit. But trying to be a smooth driver would surely make everyone feel comfortable every time you’re behind the wheel. Moreover, reducing your car’s weight effectively allows for more space while also putting less pressure on your engine. Above all, always check for your tire pressure as they’re the most common reasons why vehicles are burning their fuel consumption. Read Also: 5 Signs Your Car Needs a Tune Up 10 Causes Of Uber Accidents In The United States Choosing the Right Anti-Theft Devices For Your Car In Houston TX

READ MOREDetails