Getting something new is so exciting, isn’t it? A new car is one of the best things you can buy; from the shiny, shiny exterior to the new-car smell that everyone loves, a new car is an excellent addition to your arsenal of gadgets. The thing is, while it’s dazzling and sparkly to choose a new car and it’s nice to see the odometer very low, there are so many more reasons that buying a new car is a good thing for you.
It’s a big expense to upgrade your car, there’s no real getting away from that. A car is a necessity for most households, though, and you should consider how much you use your car in the first place and base your upgrade decisions on that. Taking the plunge and replacing the vehicle that is whining as you drive and going out of fashion is a big decision to make, so what are the true advantages of upgrading that hunk of junk you’ve been driving?
Lower Running Costs. When you upgrade your car, you also get to upgrade your insurance with companies like Gocompare.com. Your current insurance cost doesn’t carry over to a new car, you have to revisit it again and hope it isn’t too high. Lower running costs is a great advantage of changing up your car, especially swapping from petrol to diesel if you go longer distances in your driving.
Increased Reliability. Upgrading to a new car generally means upgrading to newer and more reliable technology. It’s not likely that you’ll clock millions of miles in your car, but with the better technology that is now integrated into the ways that car makers build new vehicles, it’ll certainly last your longer.
Improved Safety. Your current car – the one that is on its last legs – may not have enough airbags in the car to cover all the passengers in a crash. A new vehicle and upgraded car will have much better safety features than what you are used to. Older vehicles haven’t been through the same rigorous safety checks as newer vehicles, meaning that an upgrade isn’t just for fun, it’s necessary.
Better Finance. Most older cars, including yours, that have been bought a few years ago were likely bought with cash or a bank loan to buy outright. Now, we have more than enough finance options to make that shiny new car on the forecourt a possibility. There are options like PCP (personal contract purchase, HP (hire purchase) and finance options with lower interest.
Sometimes, the upgrade of your vehicle is something you want to do purely because you can; and that’s okay! A change of vehicle can often be the result of a change in circumstances, such as a new addition to the family and a need for extra seats. The advantages of an upgrade far outweigh the reasons that you shouldn’t, so where possible, try to drive the car that is suitable for you and your budget.