If Your Old Car Has Any of These 8 Problems, Consider Buying a New Vehicle

Bad Brake Rotors and Drums

Replacing brake pads is affordable, but replacing rotors and drums can be costly. If your car is old, it might be more economical to get a new one.

Faulty Alternator

The alternator powers your car's electronics and needs replacement every 50,000 to 100,000 miles. In an old car, it might make more sense to buy a new vehicle instead of fixing this.

Engine Rebuild or Replacement

A bad engine can cost several thousand dollars to rebuild or replace. This money could be better spent as a down payment on a new car.

Bad Head Gasket

Replacing a head gasket can cost around $2,000. If your car isn't worth much more than that, it s probably time to buy a new one.

Wonky Transmission

Transmission repairs or replacements can cost up to $5,000. At this price, investing in a new car might be a better option.

Stolen Catalytic Converter

Catalytic converters are valuable to thieves and expensive to replace. If insurance doesn t cover it, consider getting a new car.

Deployed Airbag

Replacing airbags can cost about $3,000. Coupled with other potential accident repairs, it might be wiser to buy a new car.

Bent Frame

A bent frame can lead to extensive issues and repairs that can cost up to $10,000. This makes buying a new car a more practical choice.