It could be that you have a sentimental attachment to your car or that you simply do not have the resources to change it at the moment. Either way, there comes a point when it’s making a weird noise and you have to decide if you should continue to fix it or if it is time to ditch it.
If you are unsure of what course to take, here are some tips to help make that decision.
You’re Holding on To Your Car For Love
A lot of people profess their love for the inanimate object that is their car, and their emotions make them continue to make payments or repairs they can’t afford.
Wisdom is profitable when you are able to identify when to cut the cord and sell it.
Your Car Is Leaking Fluids
Just like the human body, your car requires precious fluids to stay alive and keep running. If you are having to refill any of your car’s vital fluids such as the coolant, oil, brake, and power steering fluid, etc.—every month, then it is only a question of when, not if, the car will pack up.
Your Finances Have Changed
If you purchased a truck when gas prices were low, but at the moment they are straining your finances, you have to consider if this is a long-term option for you.
Also, you may want to consider the inherent effect of buying an expensive car rat you lack the financial capability to maintain.
Jerky Starting and Stopping
Transmission issues are expensive to fix. If you notice violent acceleration or braking while driving your car (and especially if all that jerking and shuddering is accompanied by some unpleasant grinding noises), there is a chance that your car is about to pack up.
Your Car Has Rust
Rust is a very expensive problem to fix and it continues to get worse if you don’t catch it early enough. Once rust starts, it spreads quickly. Water leaks also tend to do widespread damage in that water sits in hidden spots and causes corrosion.
Both problems need to be looked at thoroughly to gauge how much damage has happened and if the resulting expenses are worth it.