Deciding when to change your car depends on a number of factors. Perhaps most pertinent one being your financial situation. If you’ve just won the lottery then perhaps you can afford the luxury of changing it every three months, but for those of us that haven’t, we need to be a tad more realistic and try and make our car last as long as possible. More commonly, other general factors to consider are things such as the number of miles on your current car, the overall condition of it and what you use it for. In short, there’s no simple answer as to how often you should change your car, you’ll just have to evaluate your circumstances and make the best decision for yourself. If buying something newer is at the forefront of your mind, you should also consider what time of year to buy it.
Since a car is a major expense that usually involves making payments for several years, it’s important that you make a smart choice when you decide that it’s time to buy a newer car. The last thing you want is to end up being stuck making payments for several years for a car that you really didn’t need. Now, if you have the money to spend buying a new car every few years, this isn’t much of a problem but, for the average person, taking on a car payment is a major commitment. So, if you can keep driving your current car for another year or two and avoid making payments on a new car, then that’s usually financially advantageous, a.k.a. a no-brainer.
How Long Does The Average Person Keep Their Car?
Did you know that the average age of cars on the road today is about 11 years? Did you also know that the average person that buys a new car will keep that car for about 6 years? This doesn’t mean that you need to follow the same path that everyone else does, it’s just meant to give you an idea of how long cars typically last.
Cars Are Machines, And All Machines Break Down
One of the nice things about owning a new car is the fact that it comes with a warranty. Why is that important? It’s important because when it comes to cars, it’s not a matter of if something will break, it’s a matter of when it will break. Cars are machines, and like all machines, they require maintenance and repairs. When your car is under warranty, you get to enjoy your car without having to worry about what you’ll do when something on it needs to be repaired. But once that warranty is no longer in effect, upkeep is going to rest squarely on your shoulders. When you reach a point with a car where it seems to be constantly breaking down, or it needs an expensive repair that may cost more than the car is worth, then it’s probably time to move on and find a new car.
What Should You Do With Your Old Car When It’s Time To Buy A New One?
You have a few options of what you can do with your old car once it’s time to get a new one. You can try trading it in to the dealership and you might be able to get a small amount of money that can be used toward the purchase of your new car. You could also try selling the car yourself. But, if you have an older car that a lot of miles and that needs a lot of repairs, selling it on your own probably won’t be a very good option for you. If that’s the case you could also sell your car to a scrapyard such as ours. The obvious benefit of this is that we don’t care about what kind of shape your car is in as we’ll be scrapping it anyway so you’re free to drive it into the ground if you want to before it reaches our yard.