Cars are expensive, we know, so you can’t be blamed for wanting to keep hold of your family car for as long as possible. However, it might be that now is the time to say au revoir to your beloved motor, especially if the following are true to you.
#1: You are spending a fortune on repairs
All cars need to be repaired at one time or another but if your local garage feels like your second home, you need to question the viability of your car. If you are regularly taking your car in for a service or repair job, the expense will put a serious dent in your wallet. So, ask yourself: Is the expense really worth it? If your car is costing you a fortune it is obviously in your best interests to send it to the great big scrapyard in the sky and purchase a replacement.
#2: Your car constantly fails its MOT
Ah, those dreaded MOT days. They really are stressful, as you will know yourself if you have ever sat at home by your phone waiting for the mechanic’s verdict. If you have been the recipient of bad news on a yearly basis, then you know it’s probably time to get a new car. And let’s face it, the fact that your car failed its MOT might not be that much of a surprise to you if the first point on this list related to you. Buying a new car doesn’t have to be expensive as you can usually find something decent at a used car dealer. So, think about a replacement as you might be the recipient of good news the next time the dreaded MOT day comes around.
#3: Your family is growing
If your kids are squeezed into the back of the car, and there is barely any room to affix a booster seat, then it’s time to buy a car that will accommodate the developing needs of your family. This is obviously the case when you have more children than your car knows what to do with, but it also applies when your children grow in size. Safety has to come first so it’s important to make sure your car is suitable for your younger passengers. Here are some things to consider when buying a family car.
#4: Your insurance premiums are getting higher
If you have noticed your insurance premiums creeping up year by year, you have to ask yourself why. In some instances, the fault could be yours, especially if you have incurred points on your license. On the other hand, it could be your car’s fault. Older cars can be unreliable, as you will know if your ailing motor breaks down regularly. They also contain fewer safety features than newer models. For these reasons, your insurance premiums might start to rise annually, which is why you should consider buying a newer car. Sure, there will be an expense, but with lower insurance premiums, you will make savings in the long term.
So, is it time to say goodbye to your car? If any of the above points have related to you, it might be! For the safety of your family and the state of your finances, consider making the switch as soon as you are able.