Repair or Replace?
If your current vehicle needs repairs, has increasing maintenance costs, no longer fits your lifestyle or you're simply wondering whether another vehicle could make more sense, Marisol Your Car Girl can help you explore the numbers and your options.
Start with the vehicle you already own.
The Vehicle Exchange Program is designed to help you explore whether keeping and repairing your current vehicle or replacing it with another vehicle may better fit your situation.
This isn't simply about whether your vehicle can be repaired. The bigger question may be whether continuing to put money into the vehicle makes sense for you.
It's about comparing the whole picture.
Repair costs are only one part of the decision. Your current loan, vehicle value, maintenance history, mileage, transportation needs, desired features and financial situation may all matter.
Repair the vehicle — or explore replacing it?
There isn't one answer for every driver. The goal is to look at the factors that matter to your situation.
Repair Your Current Vehicle
Keeping your current vehicle may be worth considering when the repair is manageable and the vehicle otherwise continues to meet your needs.
- Estimated repair cost
- Age and mileage of your vehicle
- Recent maintenance history
- Potential future repairs
- How well the vehicle still fits your needs
Explore Replacing Your Vehicle
If repair and maintenance costs are increasing, your needs have changed or you're interested in a newer vehicle, you can explore what replacing your current vehicle could look like.
- Current vehicle value
- Existing loan payoff when applicable
- New and pre-owned vehicle options
- Features and transportation needs
- Available financing subject to approval
Four simple steps to explore your options.
Tell Marisol Your Car Girl About Your Vehicle
Share the year, make, model, mileage, condition and what is happening with your current vehicle.
Evaluate Your Current Vehicle
Your vehicle can be evaluated so you can better understand its current value and available options.
Compare the Numbers
Consider repair costs, vehicle value, loan payoff when applicable and what another vehicle may look like.
Choose What Works for You
Review the information and decide whether repairing, keeping, trading or replacing your vehicle makes sense for you.
Cost comparison + your financial situation.
These are some of the factors that may help you compare your options.
Consider the immediate repair and whether additional maintenance may be expected.
Understanding your vehicle's current value can help put repair costs into perspective.
If you still finance your current vehicle, the remaining payoff is an important part of evaluating a trade or exchange.
Consider whether your current vehicle still provides the space, reliability, features and comfort you need.
Explore new and pre-owned vehicles that may better fit your current needs.
Budget, financing terms, credit qualifications, down payment and other factors can affect your available options.
What if you still owe money on your current vehicle?
Having a loan does not automatically prevent you from exploring a trade-in or vehicle exchange. Your current payoff, vehicle value and available financing all become part of the comparison.
If Your Vehicle Is Worth More Than the Payoff
The difference may create positive equity that can potentially be applied toward another vehicle, depending on the transaction and lender terms.
If You Owe More Than the Vehicle Is Worth
That difference is often called negative equity. Whether and how it can be handled depends on the vehicle, down payment, lender approval, financing terms and the replacement vehicle.
Bring the Right Information
For a more useful comparison, have your approximate loan payoff, mileage, vehicle condition and any recent repair estimate available when you speak with Marisol Your Car Girl.
You don't have to decide before you know your options.
You may discover that repairing your vehicle makes sense. You may discover that replacing it better fits your situation. The purpose is to help you gather information and understand your choices.
Every situation is different.
Vehicle values, trade-in amounts, financing, payments, interest rates, lender requirements and available inventory vary. Financing is subject to lender approval. An evaluation does not guarantee a particular trade value, financing approval, payment or replacement option.
Questions drivers often ask before exchanging a vehicle.
Do I have to buy another vehicle if mine is evaluated?
Can I trade in a vehicle that I still owe money on?
What should I bring for a vehicle exchange evaluation?
Does a vehicle exchange guarantee a certain payment or trade value?
Everything you need to take the next step.
Wondering whether to repair or replace?
Start with your current vehicle. Marisol Your Car Girl can help you explore your vehicle exchange and trade-in options at Findlay Nissan Henderson.