Hello all I am looking for a little advice.
I currently own a 2006 cobalt that is worth about 2k trade in value. The cost of repair at a local shop exceeds 3500 and the car has relatively low miles at 75000. I am at a cross roads and here I am looking for your advice. My repair costs exceed the value of the car and im not entirely sure I want to keep putting money into it.
Would I be better to take that 3500 used for repairs as a down payment on a new car or truck or is it worth it to just repair my car?
Tldr; car costs 3500 in repairs and exceeds its 200 value. Should I use 3500 as a down payment on a used car instead?
Submitted December 09, 2020 at 08:47PM by Drake1126 https://ift.tt/3gyfeZP
