Should you keep fixing up your car or send it to the junkyard? Here's the tipping point

The check engine light flickers on again, and this time the mechanic’s estimate makes your stomach drop. You need a new transmission, and it will cost at least $5,700. It’s a familiar scenario for someone who’s owned their car for years. The car’s paid off, but now it needs one repair after another, each one getting increasingly expensive. So do you keep pouring money into an aging car or take on a monthly payment for something newer? It’s a dilemma many drivers grapple with, especially now. Repair cos ...