Some drivers like to trade up for a newer model every few years. Some drivers like to hang onto a car until the bitter end. Sooner or later, though, an old car at the end of its lifespan is going to need an upgrade. How do you know when it’s time to trade your older car in for a newer model? If one of these top 5 signs you need a new car ring true about your vehicle, it might be time to start shopping again!
When Is It Time To Replace Your Old Car?
- A major repair could cost more than the car’s worth – A thousand-dollar repair on a newer car is unfortunate, but worth it. A thousand-dollar repair on a car that’s only worth a few thousand dollars on the trade-in calculator? Probably time to throw in the towel before you’re forced to make that decision. Put that money toward your next car instead.
- Warning lights become routine – If you find yourself ignoring a warning light because it’s always on, even though the car still seems to be running fine, that’s a danger sign. If you find yourself ignoring multiple warning lights as false alarms, it’s definitely time to get a new car.
- Your gas mileage sucks – Cars have gotten more and more fuel-efficient over the years. With big cars and SUVs, the difference can be dramatic. If you feel like you’re visiting the gas station far more often than the rest of your friends and family, it might be time for a more fuel-efficient upgrade.
- Your safety equipment is out of date – Safety regulations for new cars have also changed dramatically over time. If you’re feeling frustrated that you don’t have a rear-view camera, or worried about your older car’s less-than-perfect crash test ratings, it may be time to get with the program
- Your lifestyle has changed – Sometimes, there’s nothing wrong with an older car, but it’s just not the right fit anymore. Maybe you moved out to the suburbs and need something more fuel-efficient for your longer commute. Maybe you’re sick of trying to fit two kids into the back of your compact car and find yourself in need of a lot more space. Whatever the situation, it’s worth trading in your car for a better fit.