By Erin Vaughan
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February 11, 2025
Our main goal at Kinetic is to help you keep your vehicle safe and reliable , saving you money on your long term transportation costs. Check out these 6 reasons to repair the vehicle you own: 1. Lower Repair Costs vs. Higher Monthly Payments Even a major repair, like replacing a transmission, is typically a one-time cost. Compare that to the steady stream of monthly payments that can come with a new vehicle - often $500 or more. By choosing a repair, you can save thousands in financing charges and avoid locking yourself into years of debt. 2. Lower Insurance Costs Older cars typically cost less to insure. Upgrading to a newer model often comes with higher premiums due to the increased value of the vehicle and advanced technology that can be costly to repair after an accident. Sticking with your current car can keep your insurance rates lower and more predictable. 3. Better Use of Savings The money you save by repairing instead of replacing can be invested elsewhere: retirement savings accounts, your child's education, or even a well-deserved family vacation. Repairing your vehicle is a short-term expense, while buying new ties up a larger chunk of your budget for years. 4. Extend the Life of Your Investment If you’ve already paid off your car, repairs can breathe new life into a valuable asset. Routine maintenance, like fluid changes, timing belts, or spark plug replacements often costs a fraction of what a new car payment would. With proper care, many vehicles can run reliably for 300,000 km or more. 5. Avoid Depreciation New cars lose value fast - as much as 20-30% in the first year alone. Your current car has already absorbed that initial hit, meaning every dollar you spend on repairs is helping to maximize its remaining value. 6. A Greener Choice Repairing and maintaining your car is more environmentally friendly than manufacturing a new one. Extending your vehicle’s lifespan reduces waste and lowers the overall environmental impact. With this being said, there are times when repairing DOES NOT make financial sense: the vehicle has very high mileage and routine maintenance was not performed, rust has weakened the structural integrity of the frame or body, when the vehicle no longer serves your needs. Let Us Help You Decide At Kinetic Auto Service, we believe in empowering our clients with honest, transparent advice . Before you make a big financial decision, bring your vehicle to us for a professional assessment . We’ll help you weigh the pros and cons, so you can drive with confidence knowing you’ve made the right choice for your budget and lifestyle.
