​​What Should You Do with Your Current Vehicle – Fix it or Trade It In?​

You currently own a vehicle you’ve had for quite some time. It has served you well, getting you through tough winters, terrible storms, and hot days. You drove it everywhere, taking kids to school, going on vacations, getting back and forth to work, and everything else life threw at you and your vehicle.  

However, it has seen better days. You maintained it the best you could. Still, there are a few things that have bothered you for days, weeks, and even months. You want to fix those problems, but you’re also considering replacing your vehicle with a newer one.  

This is a decision we have all faced at one time or another. It all depends on whether it is cost-effective to repair your old vehicle rather than trading it in for another one. The average length of vehicle ownership is longer now. You might have some sentimental value to your current vehicle, so holding on to it is a good option. However, if you’re ready to explore new vehicle options, here are some factors that might help you make that decision. Edmunds.com provided us with a breakdown of the pros and cons of fixing up your current vehicle or trading it in for a newer one. 

It can cost less to fix up your older vehicle than to put a down payment on a newer one. Edmunds.com cited that a complete engine or transmission repair can cost between $3,000 and $7,000. Other repairs can cost less or could be easy to do.  

What if you decide to trade your current vehicle? To avoid the potential for further breakdowns, getting a new vehicle offers a tangible return. That means getting some peace of mind with that fresh start. Both new and a number of used vehicles come with warranties and some perks to keep you on the road. Certified Pre-Owned Vehicles can sometimes be a great choice when starting a car-buying journey.  

By purchasing a newer vehicle, you are also getting a vehicle that has better technology and safety features than your current one. You might want to step up to a vehicle with a new-to-you feature, such as adaptive cruise control, wireless smartphone connectivity, or another recent convenience that your current vehicle lacks. 

While weighing in the pros and cons, consider this one point. Timing is important. If your current vehicle reaches the point where it becomes unrepairable, you will be spurred to find a more reliable replacement sooner rather than later.  

At McFarland Chevrolet, we offer you a choice to go either way. Our Certified Service Center is here to help you repair your current vehicle and keep it running longer. We can discuss the most cost-effective repair to keep your vehicle running. If you wish to replace your current vehicle, we have a great selection from our new and used inventory to choose from.  

Contact us at McFarland Chevrolet to help you decide between your current vehicle and a newer one. We are always here to help.