My car is 6 years old and have had it since new. Alas engine problems are now showing and my boyfriend suggests getting a new one. What are your thoughts? Can you really win financially or is it a case of sometimes spending out on faults instead of financing a new car each month( which is also costly)
2007-05-28 21:58:15 · 18 answers · asked by Doris 3 in Cars & Transportation ➔ Buying & Selling
There's always leasing
2007-05-28 22:00:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
6 years old really isn't that bad. Buying a new car would prove pretty costly especially if you are no longer paying for your car after 6 years ownership. Personally I would pop down to your local garage and ask them to give it a service which will prob cost about £100. Then if they spot anything drastically wrong with it they can tell you and will be able to quote you a price for the repair. The problem is probably not as bad as you're expecting and it will save you alot of money in the mean time. If you really want a new car after all that then why not repair yours for now and start saving to it will cost you less on finance good luck x
2007-05-28 22:04:27 · answer #2 · answered by Anonymous · 1⤊ 0⤋
As far as I know, whoever "hits" has the liability or is "at fault". In other words, insurance companies and law enforcements viewpoint is, "If you are following all the rules of the road and safety, there is never any reason to hit anything." Now, if there was ice on the road, that might atleast make things lean more in your favor, but I think you have to have a photo taken that day of the stretch of road you slid on. That's why they say you should always have atleast a disposable camera in your car to take a photo of an accident and accident scene on the day of the accident, along with a cell phone, your insurance information, driver's license and registration. Hopefully you have car insurance that will pay even if it is your fault, or if not, a lot of friends and family that will help you in this time of crisis. There's a lot of other factors to take into account: was either of the drivers driving while impaired, or in a rush, did either leave the scene of the accident before law enforecement arrived, what kind of vehicles were involved, did both have car insurance-dl license-registration-etc... So hopefully, maybe there's other factors that are in your favor here. In either case, it's a wake-up call to always drive safely and defensively and keep as much space between you and other moving vehicles or objects as possible, have a seat belt on, and don't have any distractions like listening to the radio, eating, drinking, talking on a cell phone, etc... I know all this because I've been driving for years now, and have only been in a few accidents. In every accident except one, someone hit me and for some reason none of them even had a driver's license!!!! In the accident where I hit someone, I rear ended someone, just like you did. So since I "hit", it was my fault, even though the car in front of me stopped short and really fast, not giving me any time to stop. The only thing that saved me was that the car I hit left the scene of the accident, and, from what I understand, it was some kind of insurance scam on the part of the other driver.
2016-04-01 02:25:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If your boyfriend wants you to buy another one have him pay for it! I personally would rather replace the engine with a new one if the old one was shot,which is rare, get the car fixed if it is needed, just because your service engine light comes on means nothing, autozone will reset it for free, all it is, is a timer that is set to come on every 60,000 miles or so. If there is anything severely wrong with the vehicle I wouldn't buy anything newer than 2000 model, everything else has tracking devices in them, and the computers will rat you out in an accident for speeding, amongst other functions, big brother at his finest! I have a big problem with being watched everywhere I go, as in cameras everywhere in the city so I moved to the country. If you want to go with the flow go for it, everyone has a choice, I made mine an old truck that I can work on blindfolded! There are only 10 major things that can go wrong with my truck compared to the 10,000 things that could be wrong with your car. I choose ease of use and serviceability over something fancy that records every move I make!
2007-05-28 22:20:14 · answer #4 · answered by samhillesq 5 · 0⤊ 0⤋
New cars is really a waste of money, they depreciate the second you roll it off the lot.
6 years is a relative number, it really depends on the condition of the car. If it's 6 years old and has over 100,000 miles on it I'd say it's done for. However if it's 6 years and say only 40,000 then there should still be miles left on it.
There may still be warranty on your car, since most automakers give something like 90,000 miles or 9 years on the Drive Train.
The Decision to purchase a new car should be based entirely on the condition of your existing one. Age should not be a factor in determining whether you need to replace it.
2007-05-28 22:10:18 · answer #5 · answered by jiganto 3 · 0⤊ 0⤋
Although my car has absolutely no problems whatsoever, it's four years old now (I got it new) and I'm already itching for a new car lol I love cars and I get sooo bored with them after about 3 years.
It's really up to you - can you afford the cost of a new car right now? Even if, with your trade in, a new car is only $10,000, that means you're going to be paying a lot of money each month for the next 3-5 years versus just the cost of a few repairs right now.
Sit down and calculate how much you need in repairs and see how that versus the cost of the new car.
2007-05-29 02:59:31 · answer #6 · answered by Anonymous · 0⤊ 0⤋
6 years old isnt bad at all actually. I was in the same situation. I had my SUV paid off and things were going wrong, but I figured it out and spending money on repairs was a lot cheaper than buying a new car with payments. Now my vehicle runs good and still no payment! ( well except for the second hand car I just got because we needed two cars, and plan on paying off early and giving it to my daughter in two years, when she gets her license).
2007-05-29 01:55:27 · answer #7 · answered by Lisa T (Stop BSL) 6 · 0⤊ 0⤋
If the engine problems are simlpe ones and there are no other problems it is best to get it sorted but if it is something major along with other problems it's best to get a new one. A 6yr old car which has only one owner should be in very good shape and should be able to go on much longer if good care is taken. Eg: service twice a year.
2007-05-28 22:12:41 · answer #8 · answered by Anonymous · 0⤊ 0⤋
According to the miles and brand, for example if your car only has 50,000 miles and is a good brand such as Toyota, there is a chance that nothing else will go wrong for a while. If it is something like an Elantra that you only paid $8000 for, and the engine will cost $1000, I would trade.
2007-05-28 22:02:47 · answer #9 · answered by mel s 6 · 0⤊ 0⤋
The retail value of your car is likely to be low compared to the cost of a new vehicle.
The cost of repairs can often be very high. Spending can quickly go out of control meaning you are throwing good money away. A nearly new car might be your best solution.
2007-05-30 07:54:28 · answer #10 · answered by Mayomaiden 3 · 0⤊ 0⤋
If I was you I would get a garage to check out your current car and let you know what is wrong with it. Most is not all cars are purchased for emotional reasons and not rational reasons.
You will defiantly loss out if you trade it in with its current problems and in all fairness 6 years is not that old for a car.
2007-05-28 22:08:37 · answer #11 · answered by Anonymous · 0⤊ 0⤋