How would you determine if a particular vehicle needs to be scrapped or refurbished?

Question

Accepted Answer

By assessing the vehicle's condition, cost of repairs, safety concerns, and market value.

Evaluate the overall condition of the vehicle including mileage, age, and wear and tear.
Calculate the cost of necessary repairs and compare it to the vehicle's market value.
Consider safety concerns such as structural damage or mechanical issues.
Assess the vehicle's potential for refurbishment and resale value.
Consult with experts or mechanics for professional opinion.
Example: A vehicle with extensive rust damage and high mileage may be better off scrapped than refurbished.
Example: A classic car with sentimental value may be worth refurbishing despite high repair costs.

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