What to Do When You Car Needs a New Engine – Repair it Or Write it Off?

January 26th, 2012

First thing to consider in making this decision is, were you planning on getting another vehicle in the very near future? If the answer to this question is yes then you have to ask the second question. And that is were you going to use the vehicle as a trade in on that next vehicle? If the answer to that is yes then you have to answer a third question. Can you afford to buy another vehicle without using this vehicle as a trade in? If you can answer this question yes, then maybe buying another vehicle is the thing to do.

But in most all cases the answer to one or all of those three questions is great big NO! So let us look at what the reason to ask these questions and what they have to do with the original question. What to do when your vehicle needs a new engine? Repair it or write it off? And the answers to those questions are going to help you determine the best thing to do in your current situation.

The first question is answered no 98% of the time. Why is that? Because most of the time we have no reason to get a new vehicle when the one we are driving is working fine. So if you had no intention of buying another vehicle before your vehicle broke down, why would you suddenly need to buy one now? Unless you are going to go out and buy a brand new vehicle or one that is still under a factory warranty, what are you really doing? You are going to get rid of your vehicle that you know everything about and has been a trusted mode of transportation, for one that you know nothing about and may have more problems than your current vehicle. If it does have more problems that were hidden and it starts breaking down. You will have spent the money you could have fixed that old trust friend with and now have to start putting money into this vehicle. By the time you are done you could be spending much more than if you had just replaced the engine in your original vehicle.

The second question is not answered no to as often as the first question, because if you have answer no to the first question, you had no intention of trading this vehicle in. So if you have answer no because you were not thinking of trading it in, then why would you suddenly want to get another vehicle just because it is expensive to replace the engine. But for all same reasons above the investment in your current vehicle will usually be the a better decision than writing it off.

Finally the answer to the third question is no at least as often as the first question. And if you can afford to buy the vehicle without a trade in and you are planning on buying a brand new vehicle, then writing off this vehicle may be your best decision. But if you are just going to buy some other used vehicle then again we go back to all of the reasons in question one why you should make the investment in your current vehicle. You can not buy any reliable vehicle for less money than it will cost you to put a rebuilt exchange engine into your current vehicle. Sometimes the idea of buying another vehicle is more appealing than fixing the current vehicle. Maybe your eyes are just tired of looking through that same windshield or your seat is tired of sitting in that seat.

For a breakdown of the costs of buying a new vehicle compared to keeping and maintaining a vehicle. You can email us and we will forward you an Excel spreadsheet that you can input your own data and check it out. As you will be able to see over a five year period even spending $2500.00 you could still be saving thousands dollars by repairing the vehicle you have. By repairing your current vehicle you have time to save for that next vehicle and shop for one that is really in great shape not one that only appears to be in great shape.

So what it all boils down to is this is going to be a tough decision and one only you can make. Hopefully you have a trusted mechanic that will help you make this decision. And if not just give us a call and we will do our best to help you with straight forward answer and questions to make sure you are making a decision you will be happy with.

C. Ray Brower
209-463-2700
209-463-2769 Fax
info@browertrans.com Email
http://www.browertrans.com Website
Brower Tranzpro Transmission
1204 Enterprise Street
Stockton, CA 95204
San Joaquin County’s Most Referred Transmission Shop

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