Q: Repair transmission or buy new car

asked by on

My car needs a transmission and Machanic quoted me $1600 for a rebuilt transmission from a 2004 model. Is that worth it to do or should I just buy a new car?

My car has 134000 miles.
My car has an automatic transmission.

Only if the value of your car after the repairs are made will exceed the cost of the repairs plus the value without the repairs being made. A 13-year old vehicle may not be worth much and depends on resale value. Check the value of your car if it was running good to see if it is worth it to repair versus a new car costing a lot more. You may find a deal to trade it in as is without putting the transmission in.

Was this answer helpful?
The statements expressed above are only for informational purposes and should be independently verified. Please see our terms of service for more details
  1. Home
  2. Questions
  3. Repair transmission or buy new car

Get an instant quote for your car

Our certified mechanics come to you ・Backed by 12-month, 12,000-mile guarantee・Fair and transparent pricing

Get a quote

What others are asking

Q: I have 2 codes for my Honda Accord Hybrid 2005, P0AC4 and P0A7F, I am wondering what the severity of these codes are the cost?

The cost of the repair is unknowable until the precise failure is pinpointed. However, it is certainly in the range of close to zero to $3,000. Zero represents a circumstance where the fault code reflects a loose wire or high...

Q: Car jumps in Reverse & less in Drive

Hello. I would start by having the transmission fluid drained and inspected. If the fluid smells burnt or has any metal in it, then the transmission is failing. If the fluid looks good, then servicing it may help. This...

Q: U1262 scp data link fault

The code U1262 point out a communication fault between the vehicle modules and a scanner. It may be best to visit your local dealer to find if one of the vehicles control modules has failed. In some cases this can...

Related articles

P0052 OBD-II Trouble Code: HO2S Heater Control Circuit High (Bank 2 Sensor 1)
P0052 code definition HO2S Heater Control Circuit High (Bank 2 Sensor 1) What the...
P0240 OBD-II Trouble Code: Turbocharger Boost Sensor B Circuit Range/Performance
P0240 code definition Turbocharger Boost Sensor B Circuit Range/Performance What the P0240 code means P0240 is an OBD-II generic code triggered when the Engine Control Module (ECM) detects the intake boost...
Rules of the Road For Iowa Drivers
Driving on the roads requires knowledge of the rules, many of which are based on common sense and courtesy. However, even though you know the rules in...