Buy A New Car Or Not Official

Your current car’s repairs exceed 50% of its market value or if critical safety features (like AEB) are missing.

Before committing to a new loan, use these metrics to evaluate your current vehicle's worthiness. buy a new car or not

: If annual maintenance and non-routine repairs average over $3,000, they likely outweigh the depreciation hit of a newer vehicle. Your current car’s repairs exceed 50% of its

: If a single repair costs more than half of the car's current market value, it’s usually time to sell. it’s usually time to sell.

Your current car’s repairs exceed 50% of its market value or if critical safety features (like AEB) are missing.

Before committing to a new loan, use these metrics to evaluate your current vehicle's worthiness.

: If annual maintenance and non-routine repairs average over $3,000, they likely outweigh the depreciation hit of a newer vehicle.

: If a single repair costs more than half of the car's current market value, it’s usually time to sell.