Repair or Replace

COST OF 10 COMMON E EXPENSIVE REPAIRS COSTS BASED ON ESTIMATES FOR A 2008 FORD MUSTANG CLUTCH HEAD CATALYTIC CONVERTER ASSEMBLY FUEL ECU (ENGINE CONTROL UNIT) GASKET INJECTOR $1,535 $2,062 $1,841 $823 $729 FUEL BRAKE AIR PUMP PADS RADIATOR ALTERNATOR CONDITIONING COMPRESSOR $688 $394 $577 $529 $598 REPAIR REPLACE? NO CAR PAID OFF? YES IS THE REPAIR COST LESS THAN 12 MONTHS FIRST REPAIR IN THE LAST 6 MONTHS? YES NO OF PAYMENTS? PAYING OFFA NEW (LESS THAN 5 YR. OLD) YES NO CAR? TOTAL REPAIR COSTS (6 MO.) GREATER THAN $5,800? REPAIR COST LESS NO Replace YES THAN $5,800? YES NO 1ST MAJOR REPAIR ($1000+) YES YES NO FEEL SAFE DRIVING? Repair! Repair! Repair! NO MILEAGE CAR VALUE OVER GREATER THAN 152,137? YES REPAIR COST? NO WERE THERE 3+ OTHER REPAIRS? NO YES YES Repair! NO MILEAGE FEEL SAFE OVER DRIVING? 152,137? NO Repair! Replace Replace YES Replace NO NO FEEL SAFE Replace DRIVING? YES YES TOTAL COST OF CAR VALUE REPAIRS EXxCEED GREATER THAN VALUE OF CAR? REPAIR COST? NO Replace Replace YES Repair! YES NO NO Repair! Replace Replace i THE AVERAGE MONTHLY CAR PAYMENT IS $483 FOR A NEW CAR AND $361 FOR A USED ACCORDING TO THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION, THE LIFETIME MILEAGE OF A TYPICAL PASSENGER CAR IS 152,137 MILES Each situation is unigue. TALK TO YOUR MECHANIC AND EVALUATE YOUR FINANCES TO MAKE THE BEST DECISION FOR YOU AND YOUR CAR. SOURCES TM OPony Parts • DRIVERSIDE • NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION (NHTSA) • CARS.COM • EDMUNDS • LIFEHACKER