is it worth it to buy a new car or should i keep the one i have that is paid, but gives me occasional problems

Answer 1

It depends.... If you can afford it and have some money saved up, it would be best to combine your savings and trade in your vehicle for a monster down payment. Oh yeah its also a good idea if you have great credit.

If you don't have good credit and no money saved up, then it depends on your income. I know it sucks to have to maintain and fix your vehicle, but it is YOUR vehicle and you don't have a monthly payment. Figure how much you've paid to fix it to date and weigh out the pros and cons. If you've had to repeatedly had to fix the same thing over and over then trade it in. If its different things that break then stick it out.

Answer 2

If the cost of the repairs become greater than the black book value of the vehicle you may want to think about a new one. It sounds like your current car is fairly reliable. I had a new vehicle with only 90 miles on it and the transmission broke. So new doesn't always mean no problems either. I don't know how old your vehicle is or if you are thinking of a new or used car if you buy one. I used to sell cars for a living and the honest truth is that people trade in their older cars for a reason. Quite often it's because something major was about to go. If your happy with your car, it's not costing too much in repairs, and inconvenience. then save your money, keep your car a little longer.

Answer 3

I would say unless you just have $$$ to throw out there keep the one you have. Unless it has serious occasional problems that tend to leave you stranded each time it has its problems. If your current car has wiring problems then you might look to getting into something else unless you trust your mechanic to tell you if it is definately fixed or not, or if you work on your own car and are certain you have pin pointed the problem. It basically comes down to if you do your own work and just how much keeps breaking and how much you have to spend every time.

Answer 4

add up what you've spent on repairs over the last 6 mos. to a year and if its averaging close to or more per month than a new car payment then it might cost close to the same to just make payments on a new car without the stress of wondering when your old car might break down next and leave you stranded.

Answer 5

its allways cheaper to heep her... especially now that winter is here these occasional problems you are having with your older car dont compare to the price you would pay for the maintenance on your new car if you decide thats the road you want to take, besides that you have to check the insurance price, and the fees tacked on to the lease/finance.

but all in all if your really fed up with your old car, my opnion is o fix it up to its best most healthiest running condition and sell it for as much as you can to help aid the cost of your new car,

Answer 6

fixing the problems and keeping up with regular maintenance along with any other problems is still going to be cheaper than a new car payment and the insurance that goes with it. especially if your comfy in the car you have and you know all its little idiosyncrasy's