Auto Knowledge: When Should I Replace My Car?

“When should I replace my car?” A simple question asked by thousand, if not millions, on a daily basis. But the answer requires more factors than just a cars age and mileage. Let’s look at some of the factors.

Changing Tires
Minor fixes may not be troubling, but when they come every month it may be time to get a new ride.

Cost of Maintenance vs. Cost of Purchase

Many people compare the cost of continually replacing parts or bringing your car in for service to the purchase of a new car. Not a poor comparison, but it’s not the only thing to consider. A more fair comparison is cost of ownership.

A paid off car that requires some maintenance does have its advantages, for instance insurance is typically much cheaper on an owned vehicle. This alone can save you hundreds each year. Not to mention if you do get a new car lack of maintenance isn’t a guarantee. Depending on your warranty you may have to come out of pock for some repairs and new parts can be more expensive to replace.

Aside from insurance and repairs there’s a bigger cost factor, monthly payments versus no payment.  Sure it’d be great to pay for a car outright, but not everyone has that luxury. A down payment, tax, title, license plus additional monthly payment and loan interest can certainly hamstring a budget.

However, like the answer as we alluded to in the beginning this isn’t black and white. And as with any of your car questions or issues we’re always available to lend a helping hand or listening ear. So stop by or call 641-782-2181, if you have any questions on whether you should start the shopping process or need to think about another repair.

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IAChevy

Stalker Chevrolet is proud to serve the Osceola, Iowa area. We provide high-quality Chevrolet vehicles, while striving to exceed your customer service expectations. Stalker Chevrolet carries an extensive line of new and used Chevy vehicles, and has GM-trained Certified Service technicians ready to take care of your vehicle. Visit us at www.stalkergm.com to check out our current sales and large selection of Chevy vehicles.

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