Are you feeling confused about whether you should scrap your car or repair it?
We have met many customers or potential customers who are in a dilemma if they should be scrapping a car or repairing a car. In this blog, we are going to share our thought process about the same.
If you find yourself with a car that is ten years old, about 250,000 miles on it. Or a car that is probably 7-8 years old but has over 300,000 miles. No matter what your history and background, we’re pretty sure this blog will help you make a sound decision.
You have a partially broken car, which needs some kind of investment to get back on the road. On the one hand, you see repairs as an investment in your old car. This car can later be used as a spare car. However, you cannot ignore the uncertain responsibility it will bring in the future. Is it worth it? Will you be able to fully utilize the expenses you made on the car?
If you decide to repair the car, how do you plan to use the car once you have made the repairs? In case you don’t have a concrete plan on how you will use the vehicle once it is repaired, the cost of repairing the vehicle is not worth it. The second and important factor is the cost of the repair. This depends on the damage and also on the cost of maintenance after repairs. Is your car a total cancellation? Talk to a mechanic and find out how much maintenance they will ask you once you have completely repaired the car!
If you still don’t have sure answers or they are practically not possible. It is better to scrap a car. After all, what’s the point of spending thousands if you only plan on using the vehicle once a week?
If you are planning to keep this car for emergencies only, or if you are planning to use it as your primary car, you may end up with a fixed maintenance fee. Now imagine you find yourself with another repair invoice, within 3 months. Is it really worth it? The less money you spend on your car, the more money you can invest in more important things, like your children’s college fund, your retirement, and repaying those old student loans. It’s okay to own a nice car, but don’t let your car own you.
Rather than investing in the repair of a car, you are not sure that you will use it or get a return if you sell the vehicle in the future. Overall, most of the time scrapping a car is a better choice than repairing it. Since it costs nothing to scrap a car when you scrap it with local scrap yards.
Consider selling your car for scrapping instead at your local scrap yards like green way scrap car removal. We pay the best dollars regardless of the condition of the car. We accept any make, model, car and other vehicles such as trucks, minivans, SUVs, under any conditions. We will pay you the highest value in GTA.