The average American car owner is holding on to their vehicle for around seven years.
Are you past that time frame? Wondering if it’s time to give up on your vehicle but not entirely sure?
Sometimes, the moment to get rid of your car is obvious, like if you recently got into a wreck and totaled it. But on most occasions, knowing when to get a new car isn’t easy.
Keep reading to discover the top signs that it’s time to upgrade your wheels.
1. Your Car Is Costing Too Much in Repairs
One of the biggest signs you need a new car is when you’re spending too much on repairs.
Start by calculating how much money you’ve spent on car repairs in the last 12 months. Now, go online and price out how much your car is worth. Do your upgrades outweigh your car’s value?
At this point in your car’s life, you won’t be getting much from selling it anyways. Consider looking into local junk car buyers and parting ways with your vehicle instead of continuing to waste money on it.
2. You Feel Unsafe Driving It
Wondering when to buy a new car? You should never drive your car past the moment you no longer feel safe.
Does your seat belt no longer click into place? Are those recall notices you get in the mail coming more frequently? Is your airbag light on and you can’t figure out why?
Never put you or your family members in danger with an unreliable vehicle.
3. Your Family Circumstances Have Changed
Another great reason to buy a new car is if your family circumstances have changed.
For instance, maybe you’re adding a new child to the family and your trendy sports car can’t accommodate a car seat. Or, you could find yourself needing to take care of your aging parents but their wheelchair doesn’t fit in your trunk.
No matter the actual change in circumstance, when your vehicle no longer fits your daily needs, it’s time to start shopping.
4. You’re Ready to Upgrade
And sometimes, getting a new car is done when you’re ready to upgrade.
Does your old car only play CDs or lack the automatic start you crave?
If you find that you’re able to fit a new car payment into your monthly budget, it might be time to treat yourself with a new vehicle.
Now You Know When to Get a New Car
The next time you’re unsure about when to get a new car, stop and evaluate your current situation.
If your current car is costing too much in repairs or you feel unsafe driving it, replace it immediately. Or, if your family circumstances have changed and you need a new car model or you’re ready to splurge on an upgrade, don’t hesitate to look for a new vehicle.
When you’re ready to start car shopping for your new vehicle, browse the rest of this site. This website contains all the latest news and trends related to the global automotive industry.