The transmission is an important part of your vehicle. It allows the car to speed up or slow down. When something goes wrong with the transmission, you are left trying to figure out if you should repair it or replace it with a brand new one. To help make the process a little simpler, consider the following information.

The vehicle's age.

If your vehicle is only a couple of years old, you might want to invest in a new transmission. This is especially important if you have a loan on the vehicle and you plan on keeping it for quite some time. When dealing with an older vehicle that you are looking to get rid of in the next few months or even year, you might want to go the cheaper route and just put a used transmission in your vehicle. This is only a rough idea of what to use to make a decision and one that you will have to make for yourself.

What work needs to be done on the transmission.

If the transmission only needs something simple fixed such as a broken seal, you might want to think about having the repair done to save you more money in your pocket. Repairs that are less than $300-500 are worth the investment. When purchasing a different transmission, you could spend upwards of $1500 for a rebuilt transmission and $1800 for a new transmission. However, the final price is going to be determined based upon what year and make your vehicle is, as well as which type of transmission you go with. When repairs equal about 1/3 of what it will cost to replace the whole component, you know you are making the right decision.

How much money you have to invest.

If you are able to afford the additional money for a new transmission, you might be better off doing just that. You are going to get a much better warranty overall with a new transmission than what you will get when you go used. Typically, a used transmission might only have a 30-90-day warranty on it, not to mention a lot of miles. With a new transmission, you get one with no miles and a year warranty, on average.

Spend some time going through the information above before making any final decisions on what is going to work the best for your specific situation and budget. Call a shop, like Atomic Transmissions, for more help.