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If you have an older vehicle, you’ve probably started to notice more frequent repairs as it starts to succumb to wear and tear. Eventually, every car owner asks themselves the same question: is it still worth putting money into an old car when it probably won’t last much longer? There’s not always a clear-cut answer, since there are advantages both to repairing your vehicle and shopping for a new Buick Enclave for sale in Olathe. Here are some of the most important things to consider. Advantages of Repairing Your Car Many people hold onto their old cars for purely sentimental value, but there are practical reasons to keep it as well. Most older cars are already paid off, so you can put your money into other things, like groceries or a family vacation. In addition, repairing your car is usually much cheaper than buying a new one. Even if your bill is several hundred dollars, that’s a lot easier for your budget to absorb than paying thousands of dollars for a down payment on your new car. Average Vehicle Mileage A few decades ago, cars were lucky to make it to 100,000 miles. That isn’t the case today. The new average is about 150,000 miles, with many cars lasting well over 200,000 miles with proper care. Use this as a rough guide to see how much life is left in your vehicle. If you’ve kept up with your regular maintenance and your car hasn’t reached the 100,000-mile mark, it’s probably worth paying the repair bill, since it should still last you several more years. Pay Attention to Your Repairs Another good way of deciding whether to keep your vehicle is by keeping track of how often your vehicle needs repairs. Figure out what is being repaired and how much it’s costing you each time. If you are paying several thousand dollars each year, or if repairs are constantly being made to important parts such as the engine or brakes, it may be time to trade in for a new vehicle. Consider Your Needs Although you might still feel like there’s plenty of life left in your car, sometimes it makes more sense to trade in for a new vehicle if your old one no longer fits your lifestyle. This is common for young couples who start out with a small sedan, and then need more space once they have children. Or an older couple may no longer need their minivan, and can go back to a smaller vehicle. Reliability Many people drive cars that they feel are unsafe or unreliable because they don’t want to buy a new one. Are you afraid to drive at high speeds, or do you frequently wonder if your car will start in the morning? Astonishingly, many people put up with these sorts of things every day. Don’t take a chance on your safety: if your car is putting you at risk, it’s a sure sign that you should trade it in. Know What Your Car Is Worth A good way to decide whether to hang onto your car is by using a resource like Kelley Blue Book to see how much it’s worth. This way you’ll have a better idea of what to do when faced with steep repair bills. If your annual repairs are worth more than your vehicle, it’s probably time to look at a new Buick Enclave for sale in Olathe. The same goes for any bill that costs more than half of what your vehicle is worth. How fast your car depreciates in value depends on its make and model, as well as any existing damage or wear and tear.
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