Have you had an accident where your expensive SUV or sedan is quite damaged? It’s a troubled situation to be in! You look at your car, it is completely squashed, the airbags are open, the engine smokes from under the hood. You are devastated, you do the math in your head and wonder what to do with your car that is no longer worth fixing! Surely, at that moment you are in a panic and do not know what exactly you should do.
Accidents aren’t the only cases where you find yourself in the situation where you don’t know your car isn’t worth repairing! There are many other mechanical problems that are too expensive to repair. Engine failure and other major problems require expensive repairs. But how do you know if your car is worth repairing or not? Is simple! when the repair costs exceed the value of the car, then your car is not worth repairing.
REQUEST A REPAIR QUOTE
ُ If you don’t have a repair quote how can you know how much it will cost? You should get three or more quotes from different stores just to be sure your estimate is correct. Just make sure you consider all repair and labor costs and the store will provide you with an official quote that covers everything.
You can do the many basic repairs yourself. Just with a simple YouTube search, you will see how easy some inexperienced replacements are. Take the right part and follow the steps of the video guidelines. Most of the time the stores charge you more for the parts and the replacement cost is also high. For example, for a simple headlight bulb replacement, they might charge you $ 40 for the bulb and $ 40 for the replacement. You can find the same bulb on amazon or other online stores for a cheaper price and the replacement takes only 2 minutes and is very simple.
Look for expensive parts in the second-hand market. Sometimes you can find good deals for the brand new vehicle part as well. Some people sell their car parts at a fair price just because the engine is burned out, as the engine is one of the most expensive parts of the car, they decide to separate their car instead of replacing it. Look for the expensive parts and components you need on Kijiji or other thrift markets. You can find airbag components, transmission system components, and other expensive car parts at an affordable price.
When is the time that your car may not be worth fixing?
When your car is too old or you have done the math and found that the repair cost is higher than the value of your car, it is not worth repairing.
Now what are the options? What you can do to lower the damage?
There are two options:
Your car is not very old, so you can split your car and earn some money on the valuable parts.
Your car is pretty old or completely devalued so you need to find the best scrap car removal company and sell the whole car to the junkyard and get cash in the spo