If you keep bringing your car into our Volkswagen repair center, is it time to give up on it and purchase a new vehicle? Sometimes it is, and there are a few factors that you should consider when deciding between repairs or replacement. Here's what you should keep in mind as you weigh your options at Patrick Volkswagen.
The Costs of Repairing vs Replacing
If you trade in your car, you're probably going to need to buy a new one. Your trade-in might also not be worth as much as it normally would be due to the repairs needed. So, getting a new vehicle is going to be a significant expense.
However, continually sinking money into an old car also needs to stop after a while. At a certain point, spending so much money just to keep your vehicle running is not really sustainable. Plus, having your car in the shop all the time can become a huge inconvenience.
So do some math and see if replacing your car is the better option. Take your repair bill and compare it to the cost of a year of payments on a new model. Let's say your repair will cost you $5,000, but a monthly payment on a new car would run you $400. That's $5,000 for fixing versus $4,800 for replacing, so getting a new vehicle might be the best option.
Another Consideration: Gas Mileage
If you're still unsure about whether to repair or replace, consider the fuel savings a new vehicle might offer. Depending on the age of your vehicle, a newer model could offer far more impressive gas mileage numbers. Do some research and see if buying a new car could save you a good amount of money over time.
Whether you decide to buy a new Volkswagen or pay for repairs, we're ready to assist you. Visit our VW dealership in Auburn, MA and talk to our automotive experts today!