The motor vehicle is used for grocery shopping, ferrying kids to school, running work related errands, and also for leisure activities. The value attached to a car is seen by how people christen their cars. A car will be referred to as “Suzie, fair lady”, and many other names. However, “Suzie” just like any other machine will suffer from wear and tear. A time will come when you have to let go of “Suzie or the fair lady.” This can be a hard decision considering she was your first car, or was handed down to you. When the following instances occur, you know it is high time you parted ways and visit some car dealers where you can make exchange for other car or sell your car for cash.
Frequent Visitor to the Mechanic
Cars require regular service and maintenance to run properly. Nonetheless, the rate of repairing the vehicle should fall within a specified limit. A car that is well cared for should require minimal repairs. But if you find yourself visiting the mechanic more times that you have visited your doctor, then you know it is time to throw in the towel. The car is meant to spend more time on the road and not in a garage or repair shop.
Repairs Are Becoming Expensive
Cost of repair will vary depending on the type of car and also the damage. However, if the costs of repair start to affect your relationship with your spouse or family, it is high time you exchanged the car for cash. A car should never be a reason for a person to suddenly break the bank or burn holes in the pocket. The repairs on the car should not exceed the monthly house budget.
Getting Spare Parts Is like Looking for A Gem
As cars age, they become more expensive to maintain. This is caused by fewer spare parts in the market since the model was probably phased off. If getting a simple spare part becomes similar to locating treasure, then the car should definitely go. Basic parts such as an oil filter, fuel cleaner or brake pads should not take you days to get. Getting a spare part should not involve ordering the part from overseas. Unless it is an antique or a classic car, a car to be used on a daily basis should be simple and easy to maintain.
Mileage Has Gone Through the Roof
Modern cars have become very fuel efficient. This is driven by better technology, high cost of fuel and also the ever growing concern in regard to carbon emissions. When you spend more time at the fuel pump than you used to, and the car is serviced regularly. Then this should be a good indicator for you to exchange the car for cash. The cost of fuel might seem negligible in the short term, but in the long run it will be worth a more economical car.
Letting go of cars can be a hard decision. This is influenced by personal attachment where the car is valued based on symbolic rather than face value. The cost of purchasing a new car is also substantial. When repair costs start skyrocketing, selling your car can be the best decision.
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.