Transmission repair can be one of the most expensive repairs on a vehicle. You might wonder whether fixing or replacing your vehicle’s transmission is worth it. A new transmission may cost more than the car is worth, depending on how old and how many miles the vehicle has accumulated.
Generally, suppose the car is relatively new and in great shape apart from the transmission. In that case, it may be worth repairing the transmission to sell your car in Boardman, OH, especially if you own a limited edition car. The Ken Ganley Buying Center, has the inside scoop here so you can make an informed decision when selling your car in Ohio.
Deciding Factors: Whether to Repair or Replace a Transmission
First, determine your vehicle’s worth. Various online sites can help you get an estimate. Kelley Blue Book is an excellent place to start. Once you know your car’s value, compare it to the transmission repair cost. If the price of a new transmission is no more than 30% to 40% of your car’s value, then it’s probably worth the repair cost.
If your transmission is in good condition, repairing it rather than scrapping it has benefits. There’s less environmental impact because repairing it reduces the amount of metal thrown away.
On the other hand, you could spend thousands of dollars on a car or truck that may have few years left. Consider how much you can pay for a vehicle and the projected cost of continued ownership.
Getting Estimates for Transmission Repair
The next step is to get your car repair estimate. Ask the mechanic for a written estimate. This should include a breakdown of what parts need to be replaced and the labor and parts cost. If the estimate seems too high, talk to the mechanic about the difference.
A new transmission can cost between $1,000 to $8,000. Depending on the model, mileage, and conditions, spending more on repairs than what you’ll get for the car might not be worth it.
Selling Your Car with Ken Ganley Buying Center Boardman
Transmission repair can be expensive. If the costs to repair or replace your transmission are too high, selling a car online with Ken Ganley Buying Center Boardman—serving Youngstown, Warren, and Austintown—may be the best option for selling your used vehicle. Contact us or our Boardman, Ohio, location to learn more today.
