It is never fun when you have to pay for an expensive engine repair cost. This can easily run you thousands of dollars, and you might not have the money to pay for it. This is stressful, but it does not have to be. There are ways that you can make the cost affordable.

Paying For Engine Repair Cost Made Simple

These are some of the things to think about when you are faced with an emergency engine repair like this.

Make More Money

If you are faced with the dilemma of paying for an expensive engine repair, the simple solution is to just make more money. This is something that might be easier said than done, but there are lots of different ways that you can do it.

The first thing that you can try is to ask your employer for a raise at work. You work hard and you are good at your job. To be honest, you probably already deserve a raise for your contributions, so now is the perfect time to go and ask for one.

Make sure you think about what you will say and present your case to your boss well. If you can convince your employer that you deserve more money, chances are you will be able to get a raise that not only pays for the expensive engine repair, but also gives you more spending money on other things.

If you can’t get a raise at work, you can always find more work. Applying for a second job is not going to be convenient, because it will take up more of your valuable free time.

However, this might be what you must do in order to make ends meet. Your second job does not have to be forever, you can always get a temporary job to tide you over until you have finished paying for your engine repairs.

You also do not have to get a second “job” to get more income. Your second job can be a side hustle that you monetize. Do you like dogsitting? You can get paid for that. Are you good at handicraft? You can sell your wares. Do you enjoy driving people around? You can start driving for Lyft or UberEats.

There is lots of money to be made out there, you just have to go earn it. Earning more money and reducing expenses are the only ways that you will be able to make your engine repair cost more affordable.

Spend Less Money

Speaking of lowering expenses, you should try to find ways to spend less money. Are you good at maintaining a budget? If so, you are probably already tracking and itemizing your expenses. This is good, because this will show you exactly how much money you can trim from your budget and where you can trim it from.

Dip Into Your Emergency Savings

Hopefully, you do not need to resort to using your emergency savings to pay for your emergency engine repair. However, everyone’s financial situation is different and this might be the only option for you.

In fact, paying for an engine repair is one of the only reasons you would ever want to spend your emergency savings fund. The whole point of having an emergency nest egg is that you have that money to cover your expenses in a worst-case scenario. Well, engine failure can be a worst-case scenario.

If you do not pay to repair your engine, you can’t drive your car. This means you can’t get to work or the store, which means that you can’t buy food to feed yourself and your family. This means that you are starving and on the brink of eviction because you can’t pay rent.

If you can’t scrape together enough money to pay for your engine repair, it is perfectly reasonable to use your emergency fund to pay for it.

Get Help With A Title Loan

Not everyone has a sufficient emergency savings nest egg though. When this is the case, there are still options that you can consider. One of these options is getting a title loan in Tennessee. You can do this through Tennessee Title Loans, Inc.

There are several upsides that come with this:

• You can get up to $2,500 in emergency cash
• You never have to visit a store, they will come to you
• The application is easy to complete
• You keep your car
• You don’t have to worry about your credit

If you are interested in applying for a title loan in Tennessee, you just have to make sure you have your ID, your vehicle, proof of income, and the clear title to the vehicle.

Final Thoughts

Facing expensive auto repairs can be detrimental to your finances. These are some of the options to consider if you are facing an emergency engine repair cost. If you need a little extra assistance, you can always get a title loan in Tennessee.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.