My wife and I are arguing over this and need honest impartial opinions from people that know more about car repair than us… My son’s very used 2007 Malibu got ran over a curb and the repair shops are quoting me between $1600-2600 to repair it. Obviously with 190k miles on it it isn’t worth that much. However, in today’s used car market I feel like I am screwed either way. We can only afford to spend around $2-3K max whether we repair it or buy something else and with the market so inflated we won’t be able to find anything that I would consider reliable for $3k in the used market.
My thought is that at least if we put $2k into the repair we know what we have. Maybe we will have to put another 1K into it over the next year for other stuff but we can probably work with that. The unknown is if we buy something used that we know nothing about and might have other issues that are going to cost even more over the rest of the car’s life.
My wife wants to sell and buy used. I want to keep it and repair it…
What would you do if you were in this position and with used cars selling for so god awful high? Would you repair it or scrap it for $300 (that was the best offer we got for it) and try to find something used?
My sincere thanks for any input you might have…
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