Are you trying to decide whether or not to sell your old car? If you are, it almost always means that you should. That is, it’s far more likely that you’re clinging to your car out of nostalgia rather than economic feasibility.
In any case, we’re going to give you 8 convincing reasons why you should sell your car. On the other hand, if none of these reasons apply to you, you’ll learn that it’s better to keep your old car after all.
Know, however, that trading your old car for a better transportation situation is a wise investment that will definitely pay off. Whereas, an old car that you refuse to let go of is a money-sucking dream crusher. So, for the sake of your future, please consider the following reasons carefully.
Old Cars Are Harder to Maintain
Like all things, cars deteriorate more rapidly the older they get. Their condition is also worsened by heavy mileage.
Then, what was once a smooth ride becomes a constant struggle. You’ll have to take it in for repairs/replacement parts more frequently. Also, certain problems will spring up that will make it inconvenient, difficult, or even dangerous to drive.
Old Cars Are More Expensive to Maintain
Obviously, all these extra repairs and maintenance struggles will have a serious impact on your transportation budget. How much, you ask? A survey by Consumer Reports calculates that the cost of maintaining a 10-year-old car is more than twice the maintenance cost of a 5-year-old car.
What’s more is that these expenses are out-of-pocket at that point. That is, most factory warranties last up to 3 years/36,000 miles. And even the best extended warranties won’t cover a car that’s over 10 years old.
Warranties and maintenance aside, an old, worn-out car simply costs more to drive. It consumes oil and other fluids more quickly due to leaks or inefficiency.
The fuel economy of the vehicle decreases greatly with age, too. You’ll spend a lot more on your monthly gas bill if you keep driving it.
It’s Likely to Break Down
Another problem is that it’s just plain risky to drive an old car. Namely, it increases your risk of:
- Brake failure
- Engine failure
- Engine fire
- Transmission failure
- Dead battery
And that’s only a few of the many problems that are likely to happen when you drive an old car. Correction, at least one such problem will happen eventually.
At best, this will be very inconvenient and ruin your schedule for the day. And at worst, it will cause a deadly, high-speed accident on the highway.
Likewise, your car will eventually be completely beyond repair. You can let this happen unexpectedly by refusing to get rid of your old car. Or, you can make the wiser decision to sell it before it gets to this point.
Unfortunately, it may be too late for the latter decision. But, the good news is, it’s never too late to sell your car.
An auto salvage yard will give you cash for your car regardless of its condition. You’ll be surprised by how much you can make for that dead car on your lawn.
It’s Not Exactly a Lawn Ornament
Is your car so ugly that, when it’s parked in the driveway, your property value goes down? Even worse: is it sitting on your lawn, rotting into the earth beneath?
These scenarios are bad for quite a few reasons. One, you can’t possibly enjoy the judgemental stares you get (from your boss) when driving around in a hideous abomination-mobile.
Secondly, a junk car on your property is bad for the environment. Please, do the right thing and take your car to an auto salvager for recycling.
You Don’t Even Need a Car
Next, are you sure you even need a car? There are a lot of locations/situations in which owning a car is completely irrelevant.
You Barely Use It
First, ask yourself how often you even drive your car. If you only drive 3 days a month and have reliable public transportation options at your disposal, sell your car.
As mentioned above, keeping your car will get more and more expensive. Also, consider that you’re paying insurance premiums/yearly registration on a car you barely use. Taking a taxi to work is probably the cheaper option.
You Live in the City
Also, do you live in the city? It can be difficult and expensive to find a parking space when/where you need one. Taking a bus, cab, or bike would make a lot more sense.
Having No Car Is Healthier
Speaking of biking, this is the healthier option, anyway. And all of these options are healthier for the environment.
Gas Prices Will Only Get Worse
Another reason to go carless is that gas becomes more and more expensive every week. Just thinking about what you’ll pay for gas this time next year may convince you that your car has to go.
Use the Money on a Better Investment
Lastly, using the cash from your old car to invest in a new one will save you money, period. Consider that you’re trading the enormous expense of old car maintenance for the manageable expense of new car payments.
Furthermore, a new car isn’t the only wise investment you can make with your old car cash. Put that money toward a home downpayment or the money market. You can go carless and finally make that long-desired investment that you never had the cash for.
Ready to Sell Your Old Car?
Do any of the reasons above apply to you? If so, you should definitely consider selling.
And if you’re worried that the poor condition of your car will make it difficult to sell, don’t be. You can sell your old car to Cash Auto Salvage no matter what the condition. Go here to get an online offer right now.