Peace of mind vs social status, what do you prefer?
That’s the core concept behind getting your car repaired over replacing it.
$30,032 was the average car loan in 2016. And for a country with an average per capita income of $31,000 (in 2016), that’s the scary sum to pay.
That’s the reason why repairing an old vehicle is always a better choice.
The average cost of repairing a car in the U.S. is estimated to be $8,500.
But on the other hand, the cost of buying a new car is over $30,000.
While the amount of buying a new car may seem manageable initially, if all the other expenses are taken into consideration, then it is really a huge amount.
Not only will you have to pay for the car’s cost, but also the insurance expenses and all the other necessary costs that come along with it.
You might be fresh out of college and find the burden of the daunting student loans. Or, you might be already paying that home loan.
And to pay more than $30,000 upon that with all the extra costs, create a great sense of pressure.
It also impacts your credit score health.
Thus, repairing an old car with much cheaper price makes a lot of sense.
More often than not, a new car comes with a hefty amount of insurance debt.
Car insurance rates are decided by factors like gender, age, job, marital status, and location.
It can go up to $1,500 per year.
Due to this, repairing your old car and avoiding this unnecessary burden is a lot more realistic.
Taking into consideration all the costs and the hassle of buying a new car, it can really disturb your peace of mind.
Not only will you have to review multiple cars to get the best in your budget, but you will also have to do a lot of manual paperwork.
Furthermore, getting used to a new car takes time. You do not sense the same familiarity.
To maintain your peace of mind, getting your old car repaired is a more sensible decision.
If you need auto body repair in Doylestown, you can contact A&G Customs.
We specialize in providing affordable automotive repairs and classic car restoration.
Article Source: https://www.apsense.com/article/4-reasons-to-repair-your-car-over-replacing-it.html