Car Dealerships Give the Top Three Signs that It’s Time to Trade-In Your Old Car

New cars are nice - there’s no going around that. After all, car manufacturers make sure that they continuously tweak their current line to include the latest innovation to give car shoppers a smoother, safer ride. Furthermore, cars depreciate in value exponentially the older it gets which makes cars a poor long-term investment.

However, brand new cars don’t come cheap. While it sure would be pretty neat to afford a new car, not everyone can just take the plunge. Thus, an ordinary car owner is presented with two viable choices: spruce up/fix their old car or visit a local auto dealer and trade it in for a new one.

Car Dealerships List
Down Benefits of Trade-Ins vs. Fixing Your Old Car

Choose a Trade-In over Repairing Your Old Car

Even with proper maintenance, wear-and-tear is simply unavoidable especially if you are driving your car on a daily basis. Rubber belts will crack, metal parts will warp, and electrical parts tend to simply stop working due to age. In hindsight, replacing all the old parts and fixing up your car can cost a lot more than just ditching your old car to buy a new one. If overall repair costs already trump the price of a brand new car, then it might make more financial sense to simply call it quits with your old vehicle.

It’s not even that difficult to buy a car. For example, several car dealerships serving Garden Grove, CA offer a wide array of finance options, some even quite flexible. One of the more popular options is to trade-in your old car with a new one.

Strictly speaking, there are two ways to get rid of your old car: bring it to a dealer for a trade-in or sell it yourself. Of the two choices, a trade-in with an auto dealer is much easier and reliable. You don’t have to worry about anything except choosing which new car you would want to trade it for.

Top Three Signs that You Need to Replace Your Car

You have become a regular at the auto repair shop. Though breakdowns are inevitable, you need to draw the line when you have to spend more time at auto repair shops rather than driving your car on the road. Furthermore, car repairs are not exactly cheap so you might be accumulating a ridiculous bill trying to salvage your car. If this happens, then it might be high time to replace your car with a new one.

Safety has become an issue. With numerous car repairs comes the issue of potential safety hazards. Just imagine driving on a highway when suddenly the car breaks down on you. You’ll be lucky if it simply comes to gentle halt. But what if the brakes becomes an issue? Or the engine overheats after just a few miles of driving? If your car is already an accident waiting to happen, then it might best to trade it in.

Insurance costs a lot more than buying a new car. Since older cars lack most of the standard safety features of newer vehicles, it is only logical that insuring them would cost a little bit more. The price is even higher if you are using the vehicle on a daily basis since it will be prone to wear and tear.

Take a good, hard look at your current car and decide if it’s still worth keeping. If not, a car trade-in is a great way to get your old vehicle replaced hassle-free. Just walk into your chosen auto dealer and tell them you want a trade-in. An in-depth discussion regarding the specifics of your car will likely take place (i.e. if you still owe loan on the car) followed by a visual inspection. Afterwards, the dealer will negotiate the trade-in price with you. If the negotiation goes smoothly, you’ll probably drive out of the lot with a brand new car before the day ends.

Sources:

How Does Trading in a Car Work?, Cars.com
Selling a Car: Trade It In or Sell It Yourself?, AutoTrader.com

Categories: Car Dealerships

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