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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.

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

Owning a car often involves unexpected repairs, but not all fixes are financially wise. For older vehicles, some repairs may ...

Nothing is more frustrating to a car owner than a vehicle that needs an engine replacement or whose paint starts peeling just a few years after leaving the dealer’s lot. Having to make expensive ...

Repairing a car might save you money in the long term, but selling might be smart if the car isn't worth the repair bill. This page includes information about these cards, currently unavailable on ...

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 ...

The cost of the average car repair has increased in 2025. According to a study by Bankrate.com, American drivers will spend thousands of dollars in ownership costs. Car maintenance may be tedious, but ...

Tariffs are driving up prices, but that’s only part of the story — aging cars, complex technology, and a worker shortage are all fueling record repair bills. Repair costs are climbing at record speed.

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 ...