Is it better to repair my car, or lease a new one?
It may better to repair your car. Here's why.
Today's automobiles are extraordinarily complex and expensive. Many of us can remember buying homes for less than the cost of a new car today. With the increase in cost has come many improvements. Both gas consumption and pollution levels have dropped with improved technology. Cars have become far more durable and reliable over the years.
If you take good care of your car, it will take good care of you. You will be miles ahead on your car investment by running your car until it drops. Compare the cost of repairs to the monthly payments on a new car lease. And then think about the extra sales and property taxes on that new car. Don't forget to add hundreds of dollars to your insurance bill. Repairs look very reasonable indeed. Just think of buying or leasing a new car as making a major repair every month for the next three years. With proper maintenance, you will find that the major repairs on the car you are driving today are few and far between.
Autorepairadvisors.com looks forward to being your partner in your car decisions. First and foremost, that means routine maintenance according to the recommendations of the manufacturer of your vehicle. Second, it usually means repairing the vehicle you already own. Occasionally it means it is finally time to let the poor old beater give up the ghost. Then we will help you check out the replacement car, if you decide to buy a newer used vehicle.
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