Deciding when you need a new car is usually most obvious when your old one breaks down for good. Unfortunately, that leaves you without a trade-in which means you’ll pay more for that new car. There are quite a few benefits to buying a new car, even if your old one isn’t all that old just yet. Here are a few signs that you may need a new car sooner rather than later.
- Technology – Infotainment and active safety systems have come a long way from just a few years ago. As a result, cars are safer and more hands-free than ever before. Older models can’t hold a candle to newer models. While infotainment may not be your primary concern, safety should be, especially if you have a family.
- Cost – It’s no secret new cars are expensive but you could be paying that cost in repairs and replacement parts without even knowing it. Small repairs can add up fast and major repairs can make or break your car. If you’re spending enough to cover a monthly payment every month or two, it’s time to trade your old car in.
- Fuel Economy – Although gas prices are low right now, you can still save a small fortune at the pump. New cars have significantly better fuel economy than older models thanks to government regulations. A new car could halve how often you stop at the gas station in your old car.