When faced with catastrophic engine failure, your first thought might be: should I replace the engine or just buy a new car?
Both of these routes have their advantages and disadvantages. Ultimately, the choice will come down to individual factors including how much sentimental value your car has and how much money you have to spare.
If you’re struggling to decide between buying new and replacing, let us guide you through the advantages of each.
The advantages of replacing an engine
Replacing an engine is a much more cost-effective repair than buying a new car. For example, you could be looking at hefty prices for a new engine, compared with thousands more for a brand new car. Some insurance companies will even pay for your engine replacement, reducing the cost further – though it’s always worth checking the fine print of your insurance policy just in case.
Additionally if your car is already fairly new, or you feel an attachment towards it, replacing the engine can be easier to stomach. This is also a more eco-friendly option: not only will replacing the engine improve your fuel consumption, but repairs are inherently better for the planet.
The advantages of buying a new car
While the cost is undoubtedly higher when buying a new car compared to replacing an engine, there is value in it. For example, if you are looking for additional features that your current car doesn’t have, this is an opportunity to find a car that suits you exactly.
Additionally, buying a new car might be the right choice if your car is already coming to the end of its lifespan. On average, you can expect a car to last just over 11 years, or about 200,000 miles. If you’re already getting close to this, buying a new car might offer more value. This is especially true if you think that engine failure might signify deeper issues with your car.
Another option: Reconditioned engines
But what if you don’t want to replace your car and you don’t want to buy a brand-new engine? Well, in that case, you might consider purchasing a reconditioned engine.
Reconditioning describes the process of taking a used engine and renovating it to as close to perfect condition as possible. Through a process of cleaning, replacing parts, and rebuilding, these engines are restored to near perfect condition.
Not only is a reconditioned engine cheaper than buying new, it’s also a more environmentally-friendly option than buying a new car.
Approved Engines is a trusted provider of reconditioned engines for all makes and models of car, with more than 20 years experience in the industry. Plus, every engine we sell comes with a 12 month/12,000 miles or 6 month/6,000 miles warranty. Want to find out more? Just get in touch.