4 signs that it’s time for a new car.
When is the best time to buy a new car?
Your car is a huge part of your everyday life. It allows you to go anywhere, anytime, with anyone, so it’s hardly surprising that you’ve formed an emotional attachment to the vehicle you’ve owned for years.
However, this reliance does eventually take a toll on your pride and joy. At some point you need to make the tough call to sell or trade in your car and purchase a new one. You’ll always have those precious memories, but you’re ready for a fresh start. Right now could be the ideal opportunity to make your driving dreams a reality.
Here are four signs that it’s time to buy a new car.
1. YOUR LIFESTYLE HAS CHANGED.When you first bought the car, you couldn’t imagine ever wanting to sell it. Whether you chose that car for the price, size, style, performance or any number of other reasons, one factor is certain – it was the right fit for your circumstances at the time. But when life changes, your transportation needs often change too. Perhaps you’ve relocated, started a family or swapped careers. Whatever the case may be, your lifestyle simply isn’t the same as it used to be. What type of vehicle do you imagine driving now?
2. REPAIRS ARE COSTING A FORTUNE.
All cars require repairs at one stage or another, but increasingly frequent breakdowns might be your car sending you a message. When repairs start to cost more than the value of the car - or each new issue feels like a major financial setback - perhaps your car has overstayed its welcome. If you’re all set to fork out for an engine repair or new set of tyres, ask yourself if it’s really worth the trouble. Would that money be better spent on a brand new car you’ll fall in love with?
3. LOWER FUEL EFFICIENCY, HIGHER INSURANCE COSTS.
Older cars are generally less fuel efficient than newer cars. This means there’s a good chance you’re spending more to fill up the tank than you need to be. Of course it depends on how regularly and how far you drive your car, but by the end of the year it all adds up. While your car’s fuel efficiency is dropping, the cost to insure the car each year is almost certainly rising. Without the benefit of advanced safety features on new models, you might be forced to pay insurance premiums even if you have an outstanding driving record.
4. YOU DISCOVER A GREAT DEAL.Sometimes all the stars align and the time feels right to make that exciting purchase you’ve been considering for months.
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