The auto market is booming, and the temptation to buy a new car will only grow stronger as more issues arise with your current vehicle. Over 15 million automobiles sold in the United States in 2023, and the market is ripe if you’re getting fed up with your aging car.
Seeing new models like the BMW X4 on dealership lots near you is a tempting reason to stop and take a test drive. The challenge is identifying the signs that you need a new vehicle.
Knowing those signs is a valuable step toward securing the best deal, and you’ve found the ideal resource to learn from. Continue reading to discover the eight signs you need a new vehicle today!
1. Breakdowns Are Growing Frequent
The first sign to watch for when determining if you need a new car is the frequency of breakdowns and repairs. Car repairs are expensive, with the typical visit to the mechanic costing up to $600 for parts and labor. The expenditures will add up quickly as breakdowns continue.
Knowing when to move on from your current vehicle is much more affordable. You can use the money you would have spent on repairs to cover the cost of a down payment.
If you’re experiencing more than two breakdowns annually, it’s time to shop for a new car. You have a significant problem if your vehicle spends considerable time in the shop.
2. The Interior is Crumbling
Another telltale sign that it’s time to shop for a new automobile is when the interior materials fail or fall apart. Holes in the floor due to rust are dangerous and detract from the passengers’ experience.
A car with severe interior damage or wear is a sign that it’s time to take a new car for a test drive. Your current car’s frame is likely unsalvageable.
Other signs to watch for include leaky windows and sunroofs, broken knobs on the center console, and torn or ripped fabric on seats and door covers. If your car is falling apart, visit a local dealership and take a BMW X4 for a spin.
3. Friends and Family Are Embarrassed
Old cars are often called rust buckets; no one wants to be the friend rolling up in a rust bucket to a party or formal event. If your friends and family comment about your car’s condition, it’s a sign to shop for a new vehicle.
It’s natural to overlook your car’s condition when you’ve grown accustomed to it, but friends and family will view it through an unbiased lens.
Different car panels and door colors indicate that you need a new ride. Rusted trunks and dented wheels are other signs that it’s time to visit the local car dealership.
4. Failed Emissions Tests
Car inspections are required to legally operate your ride on public roads and highways. Part of the inspection is an emissions test to ensure your car is not harming the environment.
If your car continues failing environmental emissions tests, it’s wise to look for new cars that meet your needs and wants. Newer vehicles use technology to ensure the exhaust from the engine is cleaner to protect air quality and the environment.
Buying a new vehicle is much more affordable than installing the emissions technology necessary to pass your car inspection. Shop for new vehicles in your area and weigh the cost of a down payment versus the cost of installing the technology to help your car pass inspection.
5. Spending More on Gas
Gas prices have continued rising, and nothing pairs worse with escalating gas prices than an inefficient car engine. If you’re getting worse gas mileage and spending more time filling the tank, it’s a sign you need a new automobile.
The older your car is, the less efficient it will be. You don’t need to purchase a Prius or hybrid vehicle to save money and time at the gas station.
Consider the number of miles you drive each week to determine whether it’s worth buying a new car. If you visit the gas station more than twice weekly, you’ll benefit from buying a new, fuel-efficient vehicle. You’ll save significant money on gas, offsetting your monthly car payment.
6. Rising Insurance Costs
It sounds counterintuitive, but older cars cost more to insure than new models. The safety features of new cars are equipped to protect you and your passengers, lowering the risk of enormous payouts from the insurance company.
A spotless driving record will only go so far regarding your monthly insurance premium. Monitor your premium to determine if you’re ready to buy a new car.
7. You’re Concerned About Safety
In addition to the lack of modern safety features, older cars become unsafe to drive if they have not received proper maintenance and become less reliable. You’ll also need to drive to and from work or school without side airbags, lane departure notifications, and a backup camera.
Buy a vehicle with these features to improve peace of mind and security. It’s the best way to ride in style and comfort after trading in your old car for a BMW X4.
8. Costly Repairs
The primary sign it’s time for a new car is when repairs cost more than the car is worth. Feeling sentimental toward a vehicle you’ve experienced much with is natural. Still, paying for repairs that cost the same as a down payment on a new automobile is a disastrous financial decision.
The tire test is an excellent way to determine whether you’re ready for a new vehicle. Ask yourself if it’s worth installing new tires on your old car. If the answer is no, start researching your favorite replacement options.
Buy the Perfect New Car Today
Driving a paid-off car is a wise financial move, but there are signs to look for when considering buying a new car. Costly repairs and frequent breakdowns are signs that it’s time to buy a new vehicle. Safety and insurance premiums are other signs to consider when purchasing a car.
Cars are valuable assets and worth researching your options to make an informed purchase. Check out our Blog content for tips and advice when shopping for a new car today!
