New cars have become much more expensive over the past few years, leading many people to repair their old car instead of replacing it with a new one. However, the rising average age of cars on U.S.

Car repair insurance works similarly to an extended warranty, but there are a few differences. This insurance can cover the cost of repairs if your vehicle breaks down, needs replacement parts or has ...

The cost of car repairs in America is increasing due to several industry factors. Soon, the cost of buying a used and new car could skyrocket because of some of the same factors. Car repair costs are ...

When faced with an expensive repair for an older car you’ve owned for a while—something like an engine or transmission replacement—you might think about moving on to a newer model. But with the ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

Motor vehicle repair prices have increased about 20% in the past year, according to the June 2023 consumer price index. There are many reasons for the trend, including long-term and pandemic-era ...

"It's a perfect storm," an auto repair shop owner said. When Pat Clynes pushed down the gas pedal on his Ford Explorer during a drive in Houston, Texas, in July 2022, an otherwise routine day became ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Tuesday, December 3rd. I'm J.R.

Car repairs can be expensive, but an extended warranty can help lower costs. Get matched today. Products like extended warranties and car repair insurance (also called mechanical breakdown insurance ...