If you have an older car that keeps breaking down, is it really a good idea to keep putting in money to keep this car running? Here is one more question: can you afford to keep doing this all of the time or would you be further ahead to go buy a new one? There are many reasons not to just go out and buy a new one. For one, you might not have enough money to pay for this car with money. This would be the best way as you would own this car or truck straight out. If you bought this car on credit, you might not have the best of credit and the banks will charge you a lot more money for this car. If you have good credit, then you might be able to get a pretty good deal.

In today's problems with everyone losing their jobs and their homes, they are finding themselves with going back to the older cars, especially when the gas to drive back and forth to work was so high. The gas has gone back down some, but we are still having the trouble of being able to make all of our payments. Some of us are even losing our cars because we can't make the payments. Think about this: if you can pay for a car with cash, it will save you a lot of money in the long run. Not only will this car be yours but no one can come and take it from you.

If you have a new car or even one that might be a couple of years old, keeping up with the maintenance of this car will save you a lot of money down the road from repairs. If your car is due for an oil change or a check on the motor or transmission, do this as soon as you can. If you put this off for too long and your car goes down, the costs might be almost too much for you to come up with. Depending on the style and make of this car or truck, the costs will vary a lot. This is an example, but say you own a newer Dodge pick-up and the transmission were to go out. This part can cost you over 2,500 dollars and that is from the dealership.

Say you have an older car. You might be able to find this part at a used car shop or junk yard that will still cost you some money, but it won't cost as much as a new one unless they don't have any on the lots. On either vehicle, keeping up with the maintenance on this is always the best thing to do and it will help you save some money.