Transmission Repair: If It’s Broken, Fix It!
If the cost of a new automobile is your biggest concern, deciding to keep a vehicle and take care of a needed transmission repair might be the wisest thing to do. However, most everyone would rather buy a new car instead of putting out the money for a transmission service. But, most people don’t enjoy the thought of the large financial commitment that is required to purchase a vehicle.
Before purchasing a new vehicle, instead of fixing it, you might ask yourself some questions:
- Can my budget handle a new car? Take a serious look at your budget in terms of expenses versus income. You should only purchase a new car if you have enough to cover all of your living expenses and adequate savings and retirement accounts. If a new car payment or a cash purchase of a car restrict your budget or decreases your savings drastically you should refrain from taking on more debt. It would be wise to take care of that needed transmission repair instead.
- What percentage will the transmission repair costs be in comparison to the current value of your car or truck? Maintaining a vehicle becomes relatively more expensive as time passes because the value of your vehicle constantly decreases while repair costs increase. If a transmission repair costs more than 30% the value of your car, and you can afford a new car, go ahead and consider buying new.
- Are there large expenses on the horizon? If you own your home or are sending kids away to college, consider these large expenses before purchasing a new vehicle. Are there other pending expenses that would upset your financial basket? You would be wise to hold off on buying that new car and taking care of needed repairs until you feel comfortable that your finances are under control.
- How long do you plan on driving your current vehicle? Consider the number of miles you drive a year, the total of major repairs that have been done, together with the depreciation of your vehicle before deciding whether to have that needed transmission repair again or purchasing a new vehicle.
Repairing a vehicle or purchasing a new one is a serious decision. If you need a transmission repair, the auto professionals at Gary’s Quality Automotive are happy to help you. Contact our ASE-Certified Technicians by calling (308) 381-2295 or go online at https://www.garysautoinc.com/ for more information about transmission service. Our auto shop proudly serves vehicle owners in Grand Island, NE, Wood River, NE, NE, and Doniphan, NE.
If the cost of a new automobile is your biggest concern, deciding to keep a vehicle and take care of a needed transmission repair might be the wisest thing to do. However, most everyone would rather buy a new car instead of putting out the money for a transmission service. But, most people don’t enjoy the thought of the large financial commitment that is required to purchase a vehicle.
Before purchasing a new vehicle, instead of fixing it, you might ask yourself some questions:
- Can my budget handle a new car? Take a serious look at your budget in terms of expenses versus income. You should only purchase a new car if you have enough to cover all of your living expenses and adequate savings and retirement accounts. If a new car payment or a cash purchase of a car restrict your budget or decreases your savings drastically you should refrain from taking on more debt. It would be wise to take care of that needed transmission repair instead.
- What percentage will the transmission repair costs be in comparison to the current value of your car or truck? Maintaining a vehicle becomes relatively more expensive as time passes because the value of your vehicle constantly decreases while repair costs increase. If a transmission repair costs more than 30% the value of your car, and you can afford a new car, go ahead and consider buying new.
- Are there large expenses on the horizon? If you own your home or are sending kids away to college, consider these large expenses before purchasing a new vehicle. Are there other pending expenses that would upset your financial basket? You would be wise to hold off on buying that new car and taking care of needed repairs until you feel comfortable that your finances are under control.
- How long do you plan on driving your current vehicle? Consider the number of miles you drive a year, the total of major repairs that have been done, together with the depreciation of your vehicle before deciding whether to have that needed transmission repair again or purchasing a new vehicle.
Repairing a vehicle or purchasing a new one is a serious decision. If you need a transmission repair, the auto professionals at Gary’s Quality Automotive are happy to help you. Contact our ASE-Certified Technicians by calling (308) 381-2295 or go online at https://www.garysautoinc.com/ for more information about transmission service. Our auto shop proudly serves vehicle owners in Grand Island, NE, Wood River, NE, NE, and Doniphan, NE.
