Is your car spending more time in the repair shop than your driveway lately? Is another big and money-minting repair on the horizon? We feel you, because most of the time when this happens, we are just fed up of sinking money into a vehicle without knowing what’s going to happen next. If your precious car is going to sustain this time, or it will be damaged in the days to come. If you are faced with this dilemma, where every day you have to think about whether you should buy a new car or just repair the one you have, we know how to help you through it. All you have to think about is a little math, step by step, and you reach a decision that will end up your stress. Start off by estimating the value of your car, the money that you have spent on the repairs till now, and the expected amount of money required in the future too. If the figures aren’t daunting and they are justifiable, you know what to do, just simply opt for a car repair yet again. However, if you see that you have spent a good amount of money on the repairs, and the condition of your car predicts that you will continue to do that for the time to come, you know what to do. Even if you are at a loss, sell your car, because the money amounting to repairs won’t be worth it. In case, you have decided to go ahead with the repair, here are six steps to finding the money you need to fund your repair.
Keep in mind that you need to hustle in order to get the best and the cheapest rates possible for your car. You just can’t agree to the first dealer who tells you how much is it going to take to repair your car, and there is no one better than him to do the job. Get an initial diagnosis of the condition of your car from a trusted dealership, but do not assume that their price is the price. Shop around, ask for quotations, and find a reliable mechanic who can repair your car for a lower price. You can always ask for recommendations from friends and colleagues, as a connection here can help you out. In the end, you need to decide on a sensible budget and a professional mechanic who can properly repair your vehicle.
Another thing you need to do before making the final decision to get your car repaired and to save money is to find out what can you do by yourself. You know how to drive a car, and if you have been doing it for a good amount of time, then there must be some repair tasks that wouldn’t be hard for you. Maybe you need new brakes, but you also need to replace the window. So, get the brakes fixed at the shop, and try to windscreen repair on your own, it will save you the window replacement cost. You can always watch a YouTube video, or observe a professional doing the job to help you out. Be very sure to follow the directions carefully, and do not indulge into the repairs that actually require a professional to handle them. We are just talking about the easy stuff that can be done on your own, without throwing in a lot of money.
If the estimated amount of your repair still exceeds your expectations and budget, you can always put some things on hold. Ask your mechanic about the things that can wait for a few months. Remember, you don’t need to skip important safety features, but only the ones that you can easily drive and live without. Never compromise on the safety of your car and life. Lastly, make a complete budget plan and see what you can afford and what you cannot. If you are still coming up short, simply dial your budget back in nonessential areas for the time being. You can ignore new clothes, haircuts and restaurants till you have saved up enough. As a last resort, you can use your emergency fund or borrow from someone, but only as a last resort.
In the end, ensure that you don’t fall into the trouble of not having enough money for future car repairs and maintenance. When you are done with the repair you are doing now, budget for your future repairs as well. This way, the money will be waiting for you, whenever the need be.