When it comes to financing vehicles, many buyers with credit challenges prefer used cars due to potential savings if they’re reliable. However, there may come a time when you must decide: is it better to repair your current car or buy a different one? Your choice depends on repair costs, your equity position, and your financial goals. Explore our inventory to see your options for upgrading.
Used vehicles can be unpredictable, with varying repair needs. If you’re unsure whether to invest in repairs, here are situations when fixing your car may be the best decision:
Used vehicles can be unpredictable, with varying repair needs. If you’re unsure whether to invest in repairs, here are situations when fixing your car may be the best decision:
Sometimes, replacing your vehicle may be the smarter decision. Consider the following:
Changing Needs: Need a newer, safer vehicle? Visit us to explore different models.
To determine your car’s actual cash value (ACV) and equity, visit dealerships for appraisals. Be sure to include a franchised dealer for an accurate assessment. To calculate equity, request a 10-day payoff from your lender, subtracting it from the ACV. Negative equity options include paying off the difference or occasionally rolling it into a new loan through our loan or lease options.
Choosing between repairing or replacing your vehicle involves understanding its value and your goals. Whether you need assistance with bad credit auto financing, flexible leasing, or selling your current car, Grace Quality Cars is here to help. Apply here and take the next step toward your ideal vehicle.
