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View Poll Results: Repair or Buy New?

Voters
97. You may not vote on this poll
  • Repair - The credit crunch makes it unfavorable to buy new

    34 35.05%
  • 50/50 - It just depends on how much work needs to be done.

    53 54.64%
  • New - I'd rather have a new reliable vehicle than worry about my old vehicle

    10 10.31%
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  1. #1

    Default Repair older vehicle or buy new?

    Given the current economic environment, I'm just curious if you would rather fix your existing vehicle, even if the repairs might be costly, or buy a new vehicle?

    Steve
    10 Chevy Traverse LT AWD
    02 Chevy Trailblazer LS (110K+ miles - loaded except for 4WD - WRECKED!)
    99 Chevy Cavalier LS (105K+ miles - commuter car)
    78 Chevy Suburban Silverado (454, 3/4 ton)
    62 GMC 3/4 ton Pickup (350 police interceptor)

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  2. #2
    Sr. Apprentice Akula682's Avatar
    Join Date
    Dec 2007
    Location
    Niagara Falls NY
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    69

    Default

    I went with the 50/50, it just depends on how much work needs to be done and how much work you want to put into it... as soon as i get the chance i am going to rebuild an old F-100, Old Mustang, and an Old Bel Air (53-57) and an early 50's model Chevy Truck... here is the twist, I am going to put Diesel engines in all of them.
    Josh

    "Do what you can, With what you have, Where you are." TR.

    2007 Chevy 2500 6.6 LMM
    1998 HUMMER- sold
    1998 F150- sold

  3. #3
    Legend bry2500's Avatar
    Join Date
    Oct 2008
    Location
    Gloucester, MA
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    Default

    went 50/50. The credit crunch can actually benefit the purchase of a new vehicle. If you have the ability to get a new vehicle the prices are lower and if you credit score is good the financing options are really great right now. but if you don't fit into this category fix it. Sometimes nothing beats a good old truck!
    BRYAN

    "IF YOU DON'T TREAT IT LIKE A TRUCK IT'S JUST A REALLY BIG CAR"

    02' Avalanche 2500 Onyx Black
    8.1L Vortec
    43,000 miles

  4. #4
    Legend tlperry68's Avatar
    Join Date
    Oct 2008
    Location
    Huntington Beach, CA
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    1,504

    Default

    I am doing my part to keep the economy flowing. My last F-150 was barely 2 years old when I dumped it. I'll keep this for a couple more years and get another one. Just a 3500 instead of the 2500.
    Trevor - Huntington Beach, CA
    2007 GMC 2500 4X4

  5. #5
    Moderator

    dwill3015's Avatar
    Join Date
    Jan 2007
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    Yacolt, Washington
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    Default

    Voted 50/50.
    Darcy
    Washington State
    2006 Silverado 2500HD LT3 4X4 CC SB Duramax LBZ
    Tuff Country 6" lift, 35" Toyo M/T's on 20" Ultra Peacemaker wheels, Quadzilla Stealth2 programmer, Diamond Eye 5" cat-back exhaust, factory Special order color Yellow.

  6. #6

    Default

    I went with repair it, but I guess it would really depend. If it's an old beater that you really don't care about then replace it. But, most of us probably become attached to our vehicles, as enthusiasts. I will never again buy new, though.

  7. #7

    Default

    I agree, tho im more partial to fixing the old girl up. ( the truck ....not the wife ) . It may take a long time and some money. But the pride you have in fixing it up and doing your own personal touches on it are priceless.

  8. #8

    Default

    I voted 50/50 as well. Working as a tech in a GM Dealership i see both sides of this question. Alot of customers are hesitant to dump money into an older vehicle and rather cut their losses and trade off for either a new or gently used vehicle. Myself I am very attached to my Z71 and would and will fix whatever ends up breaking.

  9. #9

    Default

    I vote for repair, though it doesn't have anything to do with the credit crunch (I pay cash for my vehicles). Basically every time I put pencil to paper, I figure that $30k to buy new will buy an awful lot of parts and labor to fix up the one I've got.

    Buying used throws a wrinkle into the analysis, but I usually find I would either be spending a lot more than it would cost to fix or I could be buying something with the same # of miles and all the possible issues that come with a "new" used car.

    Usually the only reasons I find for me to buy another car is when the existing one no longer meets my needs or if it's collision type damage that often is difficult to get fixed right.
    '98 K1500 Suburban LS 5.7 L 4L60E NV246 ARB
    '92 Ford Explorer XLT 4x4 4.0 L A4LD BW13-54 Trac-loc rear
    "My toys were the greasy cogs and springs and pistons that lay around all over the place, and these, I can promise you, were far more fun to play with than most of the plastic rubbish children are given nowadays." Danny in Roald Dahl's Danny The Champion of the World

  10. #10
    Jr. Apprentice
    Join Date
    Jan 2009
    Location
    Northwestern Ontario
    Posts
    14

    Default

    I'd say it depends. I am not too handy, nor do I have much time, but if I am comfortable with it, I'd rather go used and save the money.
    1995 Chevy Burban
    Starcraft Edition
    K1500
    256000km
    :great:

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