When is it time to get a new car? If you’re asking this question, there might be a possibility that the time has come to say goodbye to your trusty wheels.
As much as it pains you, it’s important to recognize when to part ways with your beloved vehicle and start looking for a new one. However, it is understandable that sometimes, your finances may not allow it.
But, don’t worry! There are always affordable alternatives that won’t burn holes in your pockets; like choosing a second-hand car, opting for e-hailing, taking public transport and carpooling with a friend or co-worker.
However, if you’re looking to get a new car to hit the roads, these 7 signs will help you decide.
7 Signs You Need A New Car
1. Your Car Makes You Anxious
If you’re constantly worrying about when your car will break down next and if you are able to finance its repairs, this is a sign that you might need a new car.
Car breakdowns can be a significant source of anxiety for many people, especially if your car gets you to work or college.
The uncertainty of when and where another breakdown will happen can make your stomach churn. Etiqa has free 24/7 auto assistance if this were to occur.
Disruption to your daily routine can add to stress, making it no way to live life!
2. Frequent Repairs Are Costing You More
If your car is always breaking down and you’re frequently paying visits to the workshop, consider how much you’re spending on repairs and if that amount can be used to pay for a car instalment plan or an affordable second-hand vehicle instead.
Plus, if the cost of repairs exceeds the value of your car, it may make more sense to invest in a new car rather than continue to sink money into your current four-wheeler.
3. Your Car Doesn’t Fit Your Lifestyle Anymore
People change, and so should our cars. Reassess your lifestyle and consider if it’s time for you to get a new vehicle that’s more in line with your current life goals.
For example, if you’re looking to grow your family, a bigger car makes more sense so it can accommodate everyone and have enough space to set up a child car seat.
If you’ve recently started a new job that requires a longer commute, you may want a car with better fuel efficiency to save money on fuel. Alternatively, if you’ve recently retired or downsized your lifestyle, you may no longer need a car with as much space or capabilities.
Although most people need a car, not everyone needs the same car. Think about what features are most important to your lifestyle when choosing to buy a new car instead of what everyone else is driving.
4. Your Car Interior Is Starting To Crumble
When the insides of your car starts to show signs of wear and tear, it might be a sign that your car is getting old and you need to replace it soon.
We’re talking about holes in the floor, ripped and torn fabric from seats, knobs falling off, creaky windows and sunroofs leaking water.
If being inside your car makes you uncomfortable, it’s a sign to say goodbye to your four-wheeler.
5. Your Car Has Hit A High Mileage
Having surpassed 100,000 in mileage is a giveaway that you might need to start thinking of getting a new car.
If you have hit the 100,000 mark and breakdowns are occurring with the need for serious repairs, a new set of wheels should be considered as your car engine has been exposed to heat and friction for a while.
Even if you have been doing your due diligence on maintaining your car regularly, 100,000 miles is a check-in point to consider if it’s time to upgrade.
6. Your Car Becomes Less Fuel-Efficient Over Time
The older the car, the less fuel efficient it will be. Thanks to motor technology, newer cars are becoming more fuel efficient than previous models.
Even though you own a car from ten years ago and might not be making payments on your car any longer, all those trips to the gas pumps add up in terms of costs to operate the vehicle. Keep track of your fuel efficiency to help you decide if your consumption is increasing over time.
If it is, you would want to think about a new car with modern technology that can help you save money and fuel.
7. You Are Missing Out On Newer Technology
Technology doesn’t only mean fuel efficiency. Newer cars often come equipped with the latest technology features that may offer but depending on your needs and requirements, they may not matter at all.
Some cool new car technology you might be missing out on are touchscreen navigations, automated braking systems, assisted driving, remote start, parking cameras, Bluetooth connectivity, advanced audio systems (if you love blasting music), wireless charging, and so much more.
You might not need all of these features, but consider what would add convenience and efficiency to your lifestyle and budget before purchasing a new car.
Although these signs tell you that you need a new car, always remember to put your finances first. There should be no rush to buy a car, so take your time and consider all your options before making a big purchase. At the end of the day, your peace of mind matters, and if a new car is able to buy you that, then happy car shopping!
The information contained in this blog is provided for informational purposes only. It should not be construed as advice on any matter. Etiqa accepts no responsibility for loss which may arise from reliance on information contained in the article. This information is correct as of 20th March 2023.