8 Signs It’s Time to Buy Yourself a New Vehicle

8 Signs It's Time to Buy Yourself a New Vehicle

The cost of purchasing a new vehicle can undoubtedly be one of life’s biggest expenses. In fact, the industry average sits at $40,472 (US). However, while you might be nervous about upgrading from your current car, there are many reasons why it’s necessary. Nothing lasts forever, and what might simply “get you from point A to point B” could end up being very dangerous. 


Below, we are going to take a look at eight signs that indicate it might be time to buy yourself a new vehicle so that you can feel at ease about your decision.


Let’s get started.


1. Your family is growing.


If you are expecting a new arrival or addition to your family, then it might also be a good time to invest in a different car. While owning a large minivan or SUV might not be what you always wanted, their practicality and versatility will undoubtedly come in handy. Not only will you have more room for belongings, but there are options out there with additional features to help keep you and your family safe, whether you’re on a road trip or just dropping the kids off at school.


When choosing the right vehicle for your situation, there are a few things you want to keep in mind. Let’s be honest; if you do decide to buy a new car, you want to make sure you get the right one. Keep an eye out for:


–      Boot size – You’ll want to be able to fit your groceries and pram together.

–      Safety rating – This is one of the easiest ways to determine if it’s going to be suitable for your family. Search for those five stars.

–      Color – Black vehicles will appear dirtier and trap heat.

–      Comfortability – Both yourself and the kids need to be comfortable if you plan on taking long trips. Pay attention to seating and leg room.


2. You’re moving to the city (or country).


Moving away might seem like a strange time to buy a new car, but if you think about it carefully, it does make sense. Your trusty truck probably isn’t the most practical vehicle to drive around in a crowded city. Alternatively, your fancy sports car isn’t going to be the best option if you’re frequently driving on dirt roads. Consider your surroundings and determine whether or not an upgrade will be beneficial. If it will reduce the risk of accidents and save you money, it’s worth it.


3. Repairs are costing more than the worth of your current car.


Over time, cars need repairs and having the odd one here and there is to be expected. Some of the most common that you will certainly experience at least once in your life include:


– Oil/oil filter change.

– New tires.

– Engine tune-up.

– Wiper blade replacement.

– Brake work.

– Wheel alignment. 

– Battery replacement.


If these are becoming frequent, to the point they are adding up to be more than what you would be able to sell your car for, it’s time to say goodbye. You’re only wasting money, and upgrading will help you save more in the long run.


4. You need a major repair


Alongside all of the minor repairs mentioned above, there may be an instance where something major occurs. It could be that you’ve been involved in an accident or that your car has just about had enough. 


Whatever the reason, generally speaking, it’s not worth paying for that significant repair. The amount of money that it would cost would be better off being spent on something new and improved.


5. You don’t feel safe.


If you frequently feel unsafe when driving, it’s definitely time to purchase something new. Vehicles are dangerous, and if they aren’t in the proper condition, you are putting both yourself and others at risk of a severe accident. Opt for something more recent, with advanced safety features for an improved driving experience. Trust us when we say you won’t regret it.


6. Insurance costs keep rising.


Older vehicles are more expensive to insure, as they don’t contain the technology of newer models. If you notice that your overall car expenses are increasing, look at your premiums to see how much they have risen. While this might not be the only factor to make you purchase a new car, it should still be taken into consideration. Combining this with some of the other signs on this list could shed some light on your current situation.


7. You’re spending more at the gas station.


Some car models tend to use more fuel than others, so if you are filling up your tank more than usual, it may be a sign to upgrade. Something like a Suzuki Swift Sport with excellent fuel economy can be worth the investment. However, there are also electric types you may want to look at. You’ll be contributing to a healthier planet and saving cash at the same time. 


If you’re not quite ready to give up on your car yet, but still want to improve your fuel efficiency, there are a few different things you can try. Some recommend tips to follow include:


– Removing excess weight from the vehicle.

– Practicing preventative maintenance. 

– Planning long journeys in advance to avoid traffic jams.

– Turning off the air conditioner. 

– Filling up your fuel tank halfway.

– Improving your driving habits.


8. You want to treat yourself.


Finally, the last sign to buy yourself a new vehicle is that you just want to treat yourself. If you have the money available and feel like splurging on something new, there’s no reason why you can’t trade in your current car and buy something else. Remember, there’s nothing wrong with taking pride in what you drive.


And that’s it. By reading through the above, you should now be able to determine if it’s time to let your vehicle go or if you should hold onto it a little longer.



8 Signs It's Time to Buy Yourself a New Vehicle

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