Repair or Replace
My old Town Car needs some major repairs...1-2x the value of the car. But, a new car is 5x plus the value of the repairs... How do you judge..repair vs replace in this circumstance? Yes, ...
Forum Discussion
jerem0621 wrote:thomasmnile wrote:
Think you answered your own question. 1-2x cash value of the car and as was posted, if totaled, your insurance would only pay you ACV, assuming you carry collision on it.
Unless you like the 'rolling sofa' since after all they don't build 'em like that anymore, sell it for cash or salvage would be the only other options besides fixing. Does it have auto-leveling suspension? Is that the reason for the cost?
The air ride was replaced long ago with a progressive coil spring conversion. I like the coils better for me
No, the issue is all the shocks, ball joints, A-arm bushings, trailing arms, tie rods, center link...basically everything that moves on the front and rear suspension but the rear coils need replaced.
The car is maybe worth 1,000...car max offer is in the low hundreds...
So, there is the rock and the hard place...
Thanks!
Jeremiah
Sounds like by the price you do not intend on doing the labor yourself. If you are not doing the work it makes the decision a little more difficult. But if it was my vehicle and the rest of the vehicle was sound I would fix it. But I would also do the work myself.
