As dads, we love our cars. There’s nothing quite like the freedom they offer. 

But, of course, sometimes the time comes to sell our vehicles. 

Unfortunately, we don’t always know when this time has arrived. Yes, we might like the new model. But is it really worth spending the money? 

Fortunately, that’s what this blog is here to help you decide. It runs through some of the telltale signs it’s time for you to sell your car and try something else. 

Photo by Esmihel Muhammad: https://www.pexels.com/photo/mercedes-amg-gls-63-at-a-car-dealership-18311311/

It Keeps Breaking Down

When you find yourself going to the mechanic all the time and the repair costs become considerable, then this probably is the right time when you say that your car is not worth the money. Frequent breakdowns could mean alterations in your schedule but can also be quite costly. In older cars, repairs needed for its components involve pretty expensive replacement parts. Once these repairs start becoming costs that far outweigh the value of the car or your investment in it, then it is time to sell.

Decreased Performance

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You might also notice the performance of your vehicle slacking. Over time, cars lose horsepower, meaning that when you put your foot down on the pedal, it doesn’t growl like it used to. 

Decreased performance comes from all sorts of issues, but the main problem is entropy. Over time, car parts just wear out and degrade, leaving you feeling like the vehicle is nothing like it used to be. 

Often, the only solution in these cases is to either rip out the engine and service every part in turn or simply do the cost-effective thing and sell your car. 

Lower Value

Fast depreciation can also be a massive issue on some older vehicles. When cars fall in price rapidly, it can be an excellent reason to get rid of them and try something new. 

Lower value is a problem because it means you can’t recoup money from your existing vehicle to pay for the next one. Dealerships won’t part-exchange with you for the high value you want, leaving you out of pocket. 

However, you can nip this problem in the bud by selling early. If you know you have a make and model that depreciates rapidly, you can get rid of it to eliminate financial headaches down the road. 

Lifestyle Changes

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Sometimes you need to change your car because of lifestyle changes. For example, you might be about to become a dad and need something bigger for ferrying the kids around. 

You might also want a vehicle that’s more fuel-efficient if you’re concerned about the environment. Opting for something that can reduce CO2 emissions and pollution is often a way to feel better about your lifestyle. 

High Insurance Costs

Lastly, you might want to consider selling your car if you have concerns about high insurance costs. You may love your current vehicle but if it is draining your bank account, it might not be something you want hanging around on your driveway or in your garage.