Wanting the opinion of the guys on here. My wife has a 2013 Ford Escape with ~130k miles on it. The power steering just went out and local dealership told us it would be $3200-3300 to get it fixed. Based on KBB that is more than the car is worth for trade in (~$2400). And who knows what else may go wrong with it next...
Would you put the money into it to maintain no car payment or would you take the $3500 + a little on trade in to go towards a down payment? I know it is very dependent on our own financial situation but given the facts here, would you keep it? Buy certified used? New?
Anything else I'm not considering here? Any and all opinions are equally appreciated!
Would you put the money into it to maintain no car payment or would you take the $3500 + a little on trade in to go towards a down payment? I know it is very dependent on our own financial situation but given the facts here, would you keep it? Buy certified used? New?
Anything else I'm not considering here? Any and all opinions are equally appreciated!