After a car accident, you have to determine whether to repair your car or get a new one. There are several factors that play into that decision. Let’s take a look at when it is better to repair your car as opposed to replacing it and vice versa.
How Old Is The Car?
An Older car is much easier to reason replacing than newer cars. This is because you most likely don’t owe anything on the car. In addition, you may not have as much insurance on the car. With a newer vehicle, you are likely going to carry comprehensive and collision insurance. These policies may provide you with the money needed to repair the car.
How Much Damage Was Done?
If the amount of the damage exceeds a certain percentage or is more than the value of the car, your insurance company may consider the car totaled. In this case you will get a check for the value of the car that can be used to purchase a new vehicle.
Always Have The Car Checked Out First
You should always take your car to a body shop such as New Look Collision Center who works directly with most insurance companies before deciding whether to repair or replace your car. A professional car expert will look at the damage and give you a good faith estimate of how much it would be to repair the car. You can then make an informed decision as to whether or not it would cost more to repair the car or buy a new one.
There are a lot of things that you have to consider after an accident. If you are trying to decide whether or not to keep your current car, you should have it inspected by a professional collision expert to determine how much it will cost to fix. When you are ready to bring your car in, bring it in to New Look Collision Center or access us with our convenient online estimator for the best service after an accident in Las Vegas.