Should i Replace or Repair my Car?
If you’ve ever asked yourself, “Should I repair or replace my car?” the answer is usually pretty straightforward. Hanging on to your older car for as long as you can makes solid economic sense. Your insurance will typically be lower on an older vehicle, and you can use the money you’re saving for a down payment when the time does come to make a change. As long as your ride isn’t costing more than your car is worth and is relatively reliable, you’re in good shape.
There are a few extenuating circumstances that should influence your decision. When you’re trying to eke 20,000 more miles out of a car that’s been hemorrhaging oil all over your garage, you have to ask yourself if this is just the last in a long line of calamities. If it looks like a major failure is looming, it might be a good idea to consider making a change sooner rather than later. One consideration is how well the car has been maintained over time. If the car was a low-end model to begin with, that will have an impact on its useful life, too. A well-maintained vehicle will perform better than one that’s been abused and neglected.
If you can perform some of the repairs yourself, keeping your car a while longer is probably still a good idea, even if you have to add a yearly membership for roadside assistance to your list of expenses. When you’re in sales and you’re cold-calling all over the county, not having a reliable vehicle is more than an inconvenience. If you aren’t handy with cars, or you live in an area where a breakdown could put you in harm’s way, then that becomes a big incentive to upgrade. Another would be if you rely on your car for your livelihood.
Dealerships typically pay wholesale prices for trade-ins, and you’ll be able to get more for your old car if you sell it yourself instead. What is car depreciation? Will car repairs in the future financially cripple you? Davis, Austin. “Repair or Replace My Car?” Dollar Stretcher. Toups, Des. “20 Ways You Waste Money on Your Car.” MSN Money. Know what you’re looking at by getting a vehicle history report on any used car you have in mind. Don’t trade your car in for another clunker. Remember, it may be an eyesore and a big disappointment to you, but to someone else, it could be a diamond in the rough.
An automobile can represent more than a means of transportation to many people, too. When those motives become part of the mix, deciding when to sell can get more complicated. If you don’t have a car payment now and you can’t afford one, you’ll just have to weigh the intangible benefits of a nice ride against the real and immediate need to eat regularly. If you decide to take the plunge and get rid of your car in favor of something newer, do your homework. Cars might symbolize status, freedom and other non-transportation related ideals. Trading in your vehicle is the most convenient way to upgrade, but it might cost you.
Consider the Jim Thompson House and Baan Krua Community Tour to save a buck. The temple is named after Aruna, the God of Dawn. You will probably smell it before you see it but Durian is known as the king of fruits. The tower is covered in ceramic tiles and coloured porcelain making for an incredible sight when you catch it in the right light. The temple itself is guarded by a pair of mythical giants that keep watch over the temple grounds. There are more than 31,000 Buddhist temples spread out across Thailand and this one is one that you really want to see. Situated on the bank of the Chao Phraya River is this beautiful temple that stands at 79 metres tall.
