Owning a car comes with its fair share of perks and challenges. Most people tend to be overly excited by the thrill of buying and owning a new vehicle – all they need to do is to enjoy the ride. As the car gets older, it becomes susceptible to all manner of issues, some of which can cost close to the actual valuation of the car. Here is a list of common car problems that can prove to be costly to repair.
Engine Replacements
While some engine problems might be prevalent, most of them are not serious enough to warrant an overhaul. Engine failure, for instance, can only be solved by replacing the entire engine with a new one. Car engines are quite pricey, and at times, they might cost close to the value of the car. You could also be surprised to see an engine that costs more than the current market value of the vehicle.
Transmission Overhaul
Things such as difficulties while switching gears, gear slippage, and delayed acceleration often characterize car transmission problems. Some of these problems can be corrected by topping up the transmission fluid. But when the magnitude of these problems is troubling, an overhaul of the entire transmission system can be a feasible solution. The cost of an overhaul, for instance, can be a serious deterrent to replacing your transmission system owing to substantial costs involved.
Leaking Cylinder Gaskets
One of the most demanding repair tasks in any car is repairing a blown-up cylinder head gasket. The effort involved in this process is actually, what makes it a bit pricey. If you have a damaged cylinder head, you should be prepared to part with more than $1000 for its repair.
AC Compressor Failures
The air conditioning compressor is the heart of your car’s air conditioning system. The compressor can be reasonably expensive to fix when it starts functioning abnormally. The costs involved in repairing or replacing a compressor are not as much as those incurred in fixing both transmission and engine problems. The decision to repair or replace your air compressor should be arrived at after conducting some technical analysis.
It is a known fact that the cost of owning a car is not limited to the initial investment you make while buying a car. You need to brace yourself for the possibility of having to deal with costly repairs. In the case of expensive repairs, for instance, there are times when you might consider upgrading your old vehicle to a new one.