If you feel your vehicle may be approaching the end of its time, here are a few surefire signs it’s time for a new car.
It’s a Money Pit
How much money does it cost you to keep your car running? If you’re continually bringing it into the shop for maintenance work, your old car is likely costing you more than a new one would.
Instead of fearing a new vehicle’s sticker price, look at your recent repair receipts and consider choosing a new car instead.
There’s a Major Repair Necessary
Maybe your car isn’t always in the shop, but it’s time for a costly repair. If your vehicle is only worth a few thousand dollars, don’t put $1,000 into a new engine.
Compare the repair cost to the current worth of your car, as well as how long your vehicle is going to last. The last thing you want is to invest in new car parts for your vehicle to fail a year later.
Your Safety is Compromised
New cars have tons of technology that increase the safety factor. Older cars do not have many of the safety features that are in more recent vehicles.
With side airbags, electronic stability control, rearview cameras, blind-spot monitoring, and forward collision alert, new cars offer incredible safety levels. Without some of these features, you could be at greater risk of getting into a dangerous accident. Never compromise safety for a cheaper vehicle.
The Shame Factor
Whether your car is a "rust bucket" or can’t turn on without waking up the entire neighborhood, there’s a certain level of shame that comes with driving an older car. If you start to feel self-conscious about your ride or notice friends and family always offering to drive, it could be a sign you’re ready for an upgrade.
You’re Spending More on Gas
The older your vehicle gets, the less fuel-efficient it becomes in comparison to newer models. Every year new cars hit the market with more technology that allows them to be more fuel efficient. Trading your vehicle from the early 2000s for a new 2021 model will save you plenty of money on gas.
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Life Changes are Approaching
Are you a new college graduate still driving your mom’s old minivan? Or a soon-to-be dad holding onto your not-so kid-friendly sports car? While your car may work just fine, it might not accommodate the life you’re growing into.
Think about the role your vehicle plays and how it could impact your life. After all, your mom’s old minivan is likely to cramp your style at your first post-graduate interview.
If you’re unsure of when to ditch your old car, use this guide to recognize the signs it’s time for a new car.
Image Credit: signs it’s time for a new car by envato.com
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