Estimate whether repairing your current car or replacing it could cost less over the expected life of each option.
Repair monthly cost spreads repair cost and maintenance over expected remaining life.
Replacement monthly cost spreads depreciation and maintenance over expected ownership life.
A repair costing more than 60% of the current car value is flagged as higher repair risk.
It flags repairs above 60% of the current car value, a rough prompt to investigate carefully.
No. Add finance costs separately if the replacement car will be financed.
Cars
Compare fixing your current car with replacing it.
Read comparisonCompare the repair bill with the car's realistic market value, then ask what is likely to fail next. A single repair on a solid car can be cheaper than replacing it. Repeated repairs on an ageing car can become false economy.
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Estimate fuel, charging and ownership costs for EV and petrol cars.
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Estimate hybrid and electric car running and ownership costs.
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Compare lease payments with buying and resale assumptions.
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