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How to know when it’s time for a new vehicle

Deciding to get rid of your vehicle can be a difficult task, especially if you’ve owned it for an extended period of time. However, hanging on to an old vehicle can be unsafe and costly, which is why it’s important that you know when it’s time to say goodbye.

Here are five sign it’s time for a new car:

You’re spending more at the gas pump

If you find that you’re visiting the gas station more and more frequently, it may be time to trade in your car for a more fuel-efficient option. As your engine and other complementary parts begin to age, your vehicle consumes gas less efficiently, causing you to spend more on fuel as the months and years progress. If your car is significantly worn out, you could end up paying a small fortune at the gas pump.

You have a family

If you originally purchased your vehicle when you were single and now have a significant other and kids, it’s probably in your best interest to upgrade to a more family-friendly car.  Driving with children is a lot less stressful in a roomier and more comfortable ride. Remember that when you look to purchase your next vehicle.

You’re spending too much on major repairs

If it seems like you’re getting a major part repaired on an annual basis, it’s definitely time for a new vehicle. Instead of trying to get the last little bit out of your car, just upgrade now.

Otherwise, not only will you be spending a lot on mechanical repairs, but you’ll still need to buy a new car anyway in the foreseeable future. Get it out of the way now to save more money in the long run.

Your safety is at risk

If you don’t feel safe in your vehicle you shouldn’t be driving it. It’s as simple as that.

Neglecting safety concerns not only puts yourself at a greater risk of collision, but it also places your fellow passengers and surrounding drivers at risk too. Be responsible and either fix the issue or buy a new car if the cost of repair is too expensive.

If you do choose to buy a new vehicle, you should consider finding one equipped with up-to-date safety features, such as electronic stability control, forward-collision warning, lane departure warning, and blind-spot warning.

New issues keep popping up

Sometimes, it’s in your best interest to get rid of your old car even if a major repair isn’t needed. If you notice that every time you fix a small problem a new one pops up, it’s probably time to start car shopping.

If you’re constantly fixing little issues every few months, your cost of ownership will increase significantly. Sometimes, it’s actually the better financial move to just buy a new car.

 

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