Separation Anxiety: Knowing When to Sell Your Car

4 Sep
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Maybe your car was there when you proposed or were proposed to, or when you saw the most beautiful landscape you’ve ever seen, or when you left home and drove off to college. Whatever you’ve been through, you may have developed some attachment to your car over the years. It’s only natural! But it can make even more difficult to know when to sell your car.

Safety technology evolves quickly. The longer you drive your old car, the longer you are depriving yourself of the current safety technology, like lane keep assist, adaptive cruise control, and others.

The other thing to consider is whether your car’s age has simply rendered it unsafe to drive. Do you fear that it might break down at anytime? Then it’s time to think about a new one.

The fuel economy of a vehicle can diminish over time. Record your mileage and gas consumption to see if your vehicle is still getting the kind of efficiency it should. Also, the efficiency of new vehicles will inevitably be better than your car even if it’s only a few years old (but definitely if it 10 years old).

Also, do you have to repair your vehicle constantly? At some point, it no longer makes financial sense to repair your vehicle when you could put that money towards a new vehicle.

To know when to sell your car, look at the facts and do your best to not completely your decision on sentiment and emotion.

If you’re wondering how much your car would be worth for a trade-in, come visit us at Terry Lee Honda. We’ll appraise your car and help you find the new or used car of your dreams.

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