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Whether you should resurface or replace your asphalt driveway heavily depends on its condition. If the foundation is solid and the damage is minor, resurfacing is your best bet because it’s more affordable and faster than replacing the driveway. But if your driveway has foundational problems and/or severe damage, like large, deep cracks and potholes, then it makes more sense to replace it. 

When comparing installation costs, asphalt is often less expensive upfront than concrete. Asphalt prices typically range from $7 to $15 per square foot, while concrete can range from $3 to $18 per square foot. However, long-term costs should also be considered. Concrete driveways generally last longer (up to twice as long) and require less maintenance, which can make them more affordable over their lifespan. While asphalt has a lower installation cost and is easier to repair, it requires more frequent maintenance, such as sealing, which can add up over time. Therefore, while concrete is more expensive initially, its durability may offset the cost in the long run.

New asphalt typically needs 24 to 72 hours to dry before it can handle light foot traffic and careful driving. Although it may appear solid after a few days, the full curing process, where the asphalt reaches its peak strength, takes much longer—generally from 30 days to a year.

During this extended curing time, the surface remains relatively soft and can be damaged by heavy vehicles, sharp objects, or high temperatures. To protect your investment, it's best to avoid parking heavy machinery on the asphalt until it has fully cured.

The exact time required for drying and curing depends on several factors, including the weather, the specific asphalt mix, and its thickness. For the most accurate advice tailored to your situation, consult with your asphalt contractor.

A driveway's lifespan varies by material. Asphalt driveways typically last 15 to 30 years, while concrete driveways last longer, between 20 and 50 years. The longevity of any driveway is affected by factors like extreme temperatures, heavy traffic, and the quality of maintenance. Regular upkeep, such as filling cracks, resealing the surface, and ensuring proper drainage, can help extend its life. For gravel driveways, regrading to fill in uneven areas every year or two is recommended.