If you have an older car, there may come a point in time where that car needs major repairs. You may find yourself wondering if you should really make the repairs or if the car is too far gone and it just needs to be sold to a junk buyer. Making this decision can be challenging, as there are multiple factors to consider. Here are three important factors that will help guide you to the right decision for you and your car.
How Easy It Will Be to Get the Parts to Make the Repairs
One of the factors to consider as you decide whether to sell or fix an old junk car is how easy it will be to get the parts to make the repairs. If your car is old, the parts may not be sold by the manufacturer anymore. And get them on the secondary market gets harder the older the car is. Always take the time to research how easy or hard it will be to get the parts. If it will be challenging to get all the parts, it may not be worth the hassle.
The Cost of the Repairs Versus the Value of the Car
One of the most important factors to consider when deciding whether to sell or fix an old junk car is how much the repairs will cost versus the value of the car. There is no sense making a $1500 repair on a car that is only worth $1250. Always carefully determine the value of the car and weigh that value against the cost of the repairs. If the repairs are high, you may be better off junking the car.
How Much Money You Have Sunk Into the Car Recently
The last factor to consider is how much money you have recently sunk into the car. Some cars only need minor repairs. But it becomes one small repair after another and they quickly add up. If everything seems to be failing in your car, and your car has turned into a money pit, it may be time to sell that old junker.
If you have decided that your old junk car simply is not worth repairing or fixing up, you may be looking to sell it. In St. Paul, MN., Ace Auto Parts would love to buy your junk car from you. Give us a call today and let us make you an offer for your old car, running or not.