Published on December 4th, 2017 | by James Simpson
Here’s Why You Should Let Your Old Car Go And Buy A New One
No matter how much you love your car, there may be telltale signs indicating that it’s finally time to let go. Sad, we know, as many drivers try and keep hold of their four wheels as long as possible, especially if the car holds special memories, such as family road trips. Then there’s the expense. Buying a new car is expensive, whether it’s purchasing something fresh off the production line, or leasing the latest BMW cars. Still, there are the telltale signs as we said, and if the following are true to you, it may be time to let go of your current car and go for something new.
You are paying a fortune in repairs
Your car is great until it breaks down, and old cars are particularly prone to faults when driven on a regular basis. Not only do you need to pay out breakdown costs, but then there are the expected repair costs too. Then there’s MOT day. You know what we mean. You’re sat at home waiting for the phone call from the garage. Palms sweating, you pick up your phone, and your heart sinks when you realise you’re going to have to open your wallet again. So, if you are paying out your hard-earned cash on a regular basis, your car is no longer the investment it used to be.
Your car is bad for the environment
Modern cars are eco-friendly, equipped with the latest technology to meet emission standards. Chances are, if you are driving around in a car that is older than ten years old, it may not meet the criteria. If you are in any way concerned about the environment, you do need to think about the effects on the carbon footprint you are making. Then there are the added expenses. It costs less to run a modern car, and you probably won’t have to worry about taxing the vehicle either, due to lower emissions. So, despite the expense of buying something new, you will start to save money in the long-run.
Your insurance prices hike up every year
There are ways to bring down the cost of insurance, but the effects in your pocket will be considerably less than anybody driving around in a new vehicle. There are various reasons why, and they are probably obvious to you. For starters, your car will be piling on the miles every year, and that in itself can raise your insurance premium. Your vehicle won’t be fitted with the latest safety-technologies, meaning you are at more risk on the road than a driver with something state-of-the-art. Older cars are also popular with car thieves, as they can be easily broken into. No matter how wonderful your driving skills, your old car will be judged by insurance companies, and sadly, they will find it guilty.
Your car isn’t safe to drive
As alluded to above, safety matters. It’s not only a case of lowering your insurance premiums, because your safety, and that of your passengers is also vital. Modern cars have side airbags, rear view cameras, and collision alerts. In short, they may be much safer to drive than the calamity waiting to happen that is your car. If you know you are driving around in a potential death trap, send it to the scrap yard, and buy or lease something else. Your life may depend on it.
Have we convinced you yet? You don’t have to pay over the odds for a new car but calculate the costs. It probably isn’t cheaper to keep your old car running, so buying something new is a better investment. Considering the safety aspects as well, it makes sense to finally say goodbye to your old car and welcome in something new.