As with many people, they buy a car, take care of it, get emotionally attached and now what? In most cases its time to say goodbye.
All daily use vehicles have a life cycle. It’s hard to concede to the fact that it doesn’t pay to put work into that used vehicle any longer. Recently we had an owner with a 1992 Mercury Grand Marquis call us up looking to sell his car. The problem is, the vehicle is 23 years old and there isnt a market for the car. Nobody wants to spend money to buy a car like this and nobody will put any type of repairs into this vehicle. Theres no sensible reason to keep this car other than sentimental reasons. It’s not a classic vehicle and with will never gain value. In other words, sending the car off to the salvage yard is the only logical choice.
When deciding whether or not to repair an older car you have to factor in several considerations.
- How often have you had to repair your vehicle?
- What type of repair does the car need?
- How many miles are on the vehicle?
- Are other components beginning to fail?
- What year is your model?
- Would you buy this vehicle from a dealer?
If a repair is more than half the value of your car, it’s not worth it. You’ll end up spending money to fix it and something else will go wrong.
Our company offers customers the opportunity to sell all types of vehicles up to $100K in the New York / New Jersey metro areas. For a free no hassle quote, call us toll free at 888-589-1904 or CLICK HERE for an online quote.