Everything manufactured by man has a life cycle associated with it and this especially applies to cars. When a car is brand new, life is good; it looks nice, performs well and it does its job day after day. When a car gets further down its life cycle, though, things start to change. Maintenance issues start to kick in, and your car doesn’t look and feel quite as new anymore. Is it time to trade it in? Well, it’s a judgement call and it varies from person to person. Some people are comfortable with cars as they age and some don’t want the bother. So, is it time for you to consider trading in “old faithful”? Here’s a punch list from the folks at Georgiacdj.com.
Maintenance issues – During the ownership of a car, there will always be maintenance items to be taken care of. These are things like oil changes, new tires, timing belts, etc. Its a necessary part of car ownership and is unavoidable. As a car gets a few hundred thousand miles on it, though, “non-maintence” items start to fail. These are things such as steering racks, alternators, ball joints, etc. When this more expensive stuff starts to fail it natural to wonder if it’s time to trade in. Here’s one analysis: If your monthly repair bills exceed the cost of one month’s new-car payment, that’s a hint to considering a trade in.
Expired warranty – Life is good when you have a factory warranty (and perhaps an extended warranty) in effect on your car. You can relax knowing that if anything nasty breaks, you have a warranty read to take care of everything –and at no cost to you. As your car gets older, however, and you approach the end of the warranty period(s), your risk level changes. Defects previously covered under warranty are now your full responsibility. Does that bother you? It does bother some people and others not as much.
Safety – Older cars lack a lot of the newer safety features that new cars have. Structural things like more robust body designs and better materials may be standard features now in a new car. Electronic things like blind-spot monitoring, collision avoidance, and other new technology will make a car safer also. If you are safety conscious (perhaps you have a new family?) then these features alone may influence your decision.
Efficiency – There is a ton of new technology now designed to make a car go further on a gallon of gas. Direct injection, variable valve timing, cylinder deactivation, more advanced transmissions, are just a few of technologies we have now. Yes, gasoline is cheap now but that could change in the future. If you have a nice new car that achieves tremendous MPG, you are future proofed for any changes. And lets not forget saving energy is good for the Planet too.
Cool factors – In the past 10 years, really cool features such as GPS navigation, Bluetooth connectivity, heated and cooled seats, etc. —are now in everyday vehicles. These sort of creature comforts are just fund to have and this is a deciding feature for a lot of people.
Article from: Georgia Chrysler Dodge Jeep