Fully paid off Mercedes suggests you’re good with money and credit cards.
Learning about the nuances of APR suggests you might be learning the ropes.
If you ARE good with finances, consider opening a new CC to leverage the sign up bonus to charge the 6k repair fee too. It’s not uncommon for higher end cards to give $500+ in sign on bonuses. Many will have an annual fee, just product change to a no fee card before it comes due.
If you aren’t good with finances, disregard the above. It will lead to ruin. CC debt can snowball into taking years to pay off.
EDIT: Because you’re explicitly asking if it’s wise or unwise, imo get a second opinion. 6k for minor fixes is wild. Secondly, if you need to go into debt to maintain your vehicle, you do not own the vehicle, the vehicle owns you. I understand there may be personal reasons to drive that car, but if it breaks down on you and you can’t afford to fix it, you may want to consider preemptively selling it while the going is good.
Fully paid off Mercedes suggests you’re good with money and credit cards.
Learning about the nuances of APR suggests you might be learning the ropes.
If you ARE good with finances, consider opening a new CC to leverage the sign up bonus to charge the 6k repair fee too. It’s not uncommon for higher end cards to give $500+ in sign on bonuses. Many will have an annual fee, just product change to a no fee card before it comes due.
If you aren’t good with finances, disregard the above. It will lead to ruin. CC debt can snowball into taking years to pay off.
EDIT: Because you’re explicitly asking if it’s wise or unwise, imo get a second opinion. 6k for minor fixes is wild. Secondly, if you need to go into debt to maintain your vehicle, you do not own the vehicle, the vehicle owns you. I understand there may be personal reasons to drive that car, but if it breaks down on you and you can’t afford to fix it, you may want to consider preemptively selling it while the going is good.