Need help! Should I get a new car or just get it fixed?
I saw someone else had a similar issue and would also really like some advice. So about a week ago I had to take my car to the dealership because the speedometer suddenly stopped working while I was driving home. Then there were issues with the power steering, I even had to get it towed to the dealership because the mechanic I usually take it to said there was nothing they could do. I got a call back a couple of days ago that the piece they need to fix is apparently on back order (has been for months) and I’m looking at a $2,700 bill. That’s only if there’s nothing else wrong with it other than the power steering, they said if the speedometer ends up being another issue the price would obviously increase. Now here’s the problem, my car is a 2014 Ford Escape with about 136,000 miles. I don’t even think my car is worth what they’re charging me to fix it, I was advised to trade it in and just get a new car. I have about $8000 left to pay it off (that’s what I get for being a dumb teenager and not thinking before buying) so I know if I trade it in the remaining balance would be added onto the new car. What do you guys think I should do? Any advice is greatly appreciated.