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Should I still maintain my old car?
I have an older car, and it's not running all that well. Is it worth it to maintain an older vehicle?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Deciding to let go of your older car can be difficult, but maintaining an older car isn’t always worth the price—especially if that maintenance costs more than the value of the car itself. If you have an
extended warranty
, this may cover some of the costs associated with an older vehicle, but make sure to look at the fine print.That said, maintaining your car is almost always cheaper than buying a new vehicle. If you don’t have the money for a new car or leased car or you have poor credit, repairing an older car might be the better move.
Bring your car to a trusted mechanic for advice and direction. Aside from the immediate trouble, it’s important to consider what the cost of future repairs will be for the parts that are likely to break down next.
If you decide to buy a new car, you’ll need to have a new
car insurance
policy. To save even more money, search for rates with Jerry
! After a quick sign-up, Jerry will present you quotes from up to 50 providers, so you can find a policy that works for you. Average Jerry users save $879 per year on car insurance! View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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