Hi, I'm pretty car illiterate and I was hoping some of you might have a better idea of how much I could get out of my car or if I should consider just putting the money towards fixing it into getting a new car. By new I don't mean brand new, it would be a used car but something I could get a lot out of.
My car is a 2010 Chevrolet Cobalt with just over 132,000 miles on it. It will be completely paid off in 2 months from now.
As to problems, the check engine light has been on for like 2 years but everytime I get it checked it's knock sensor issues with the computer, I put $400 into it a few months back and they didn't fix anything, which was frustrating. The oil light has been on for about 2 months and I changed the oil last week, still hasn't gone away. The battery light came on just yesterday so I need to fix that. I'm going to get it looked at tomorrow because I finally have a day off and need to get all of this fixed.
I'm just wanting to know if it would be a wiser long-term investment to look for a new car with less mileage or if I can get another 100,000+ miles out of my current car and just pay for the maintenance repairs? The car runs fine, just trying to get an idea. Thanks!