A widely accepted guideline is the : If a single repair cost exceeds 50% of the car's current market value , it is generally time to replace it. For example, if your car is worth ₹2,00,000 and requires a ₹1,20,000 engine overhaul, the investment likely won't be recovered in resale value. Keep vs. Buy: The Comparison Calculator
To run a proper comparison, you must look at the "theoretical monthly cost" of both options over the next 12–24 months. keep old car or buy new calculator
: A new car loses roughly 20% of its value in the first year. A widely accepted guideline is the : If
: Use a Car Loan EMI Calculator to estimate your payment. if your car is worth ₹2