Do I Fix It, Or Do I Sell It?

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07074Deciding To Fix It Or Sell It

Listeners constantly ask us, “do I fix it, or do I sell it?”

often repairing can be far less expensive than replacing

The answer to “Do I fix it, or do I sell it?” many times is simple. Often repairing can be far less expensive than replacing it.

Americans are keeping their cars longer than at any time in history—an average of 11 years—so it becomes essential to know when it’s time to make a change. When your car has mechanical problems, the decision boils down to do I repair the car I have or replace it entirely?

Everybody’s circumstances are unique, but making the right decision depends on asking the right question.

I once had a consultant many years ago that said, “If you have enough information, and it is the correct information, then the decisions will usually jump out at you.”

Too often when a car develops problems, the owner mistakenly evaluates it this way:

“My car is ten years old with at or near 150,000 miles, I checked the Blue Book value and it is lessthan the cost of the repair. Should I now get rid of it?”

Today's automotive repair is technical and sophisticated

Today’s auto repair is technical and sophisticated and helps make the decision to “Do I fix it, or do I sell it?” easy.

That’s an example of asking the wrong question. What does the Blue Book value of the car have to do with the decision to repair it? The answer is…nothing.

The correct question to ask is, if I invest this three thousand dollars into my car, will I then be able to enjoy three to five years worth of reliable service from it?

(In most cases, it’s cheaper to fix them than it is to replace them.)

Have the Car Professionally Evaluated

The sensible course of action is to have the entire car evaluated by a reputable and experienced automotive repair facility. Before spending any significant money on a major repair, ask the repair center to look at all seven vital systems.

  • aaaBrakes
  • Engine
  • Transmission
  • Cooling System
  • Power Steering System
  • Differential
  • Fuel System

A knowledgeable, informed decision can be made once these systems have been properly evaluated.

AAA has an extensive automotive service provider list and an approved AAA service center must meet incredibly high standards.

Contact us here at Horsepower Broadcasting, we’d love to help you find a reputable repair shop in your neighborhood. Email Donny.

Horsepower for an Hour is a nationally syndicated automotive talk radio show heard all across America and in more than 172 Countries world wide

Horsepower for an Hour is a nationally syndicated automotive talk radio show heard all across America and in more than 172 Countries world wide

 

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About Author

Donny is a Southern California specialty shop owner with primary emphasis on transmission and differential systems. He is an automotive technology graduate with over 30 years of experience. He and his wife own DMC Transmission outside of Los Angeles and were awarded “Shop of the Year” honors in 2010 and 2011.

Email Donny

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