Should You Fix or Replace Your Old Car?

Should You Fix or Replace Your Old Car | Toronto, ON

Sometimes, our tried-and-true older vehicles let us down. If you’ve found yourself on the side of the road with a breakdown, you’re faced with a big decision: Should you fix or replace your old car? Here, we look at the pros and cons of each to help you with your decision.

Fix It

The sentimental attachment you have to your old vehicle is one of the biggest pros of fixing it — you will get to keep a car that you love, even if you have to give it a bit of love to keep it running smoothly.

If you fix up your new car, you will also likely spend less money than you would if you replace one, since bills to fix your vehicle are usually lower than the cost of a replacement car.

Replace It

Replacing your old car means you won’t have to worry about future breakdowns. While a newer vehicle breaking down isn’t unheard of, the likelihood is far lower than it would be with your older vehicle.  

Sometimes, your old car’s mechanical issues can cost more than you expected. That repair price of $3,000 to $5,000 or more could easily be a down payment on a newer and better car instead.   

Buying used is a great option for replacing your old car. With a pre-owned vehicle, you won’t have to worry about your car losing a big chunk of its value in the first year. Plus, you can still get new technologies, premium appointments, and more.

If you’re ready to bid farewell to your old ride, stop in at a Downtown Autogroup location and check out our wide selection of outstanding used vehicles.

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