There comes a time in any car’s life when the cost to keep it running outweighs the cost of replacing it. That time may be hard for some to take but it’s a cold reality that many people who build relationships with their cars face. It is often cheaper to pay a car loan each month for a new car with minimal running costs than pay for repairs, servicing and parts for an older model.
When that time comes, we can help.
Car running costs
The trouble with running costs is that they are usually gradual. A few dollars here for extra oil, a few hundred there for new hoses or a repair. An extra couple of hundred for a tow and even more for another repair.
It all mounts up but as it’s usually over time, you’re not always aware of it until you have spent far too much on that old car.
But when you do see how much you’re spending, you cannot unsee it.
That’s when it’s time to consider replacing that old car with a nice new model.
A competitive car loan from Dixie Auto Loans can help with that.
When is a good time to replace an old car?
This is one of those questions with an answer that doesn’t always reflect reality. The answer is ‘when the running costs of the car are more than a car loan would cost you’.
The real answer is when your relationship with your old car has been damaged enough by high costs and reliability issues to force your hand.
The relationship between humans and cars is a curious one. A car is an object. A machine. Yet we build relationships with them that far outweigh any other relationship with machines we have.
We are comfortable in our old car. We know it’s quirks. We know how to fix it or what to do if something happens.
There is an attachment formed of habit that needs to be overcome before you can say goodbye to your old car and hello to a new one.
Of all the purchasing decisions you’ll make, only a house purchase is more emotive.
That’s a lot of baggage to overcome.
Buying a new car with a car loan
We cannot tell you how to break that emotional link as it has to happen internally. We do know that it will happen though and we will be here when it does.
Once the link is broken, you look at your old car differently and begin to fantasize about driving a shiny new car that doesn’t guzzle gas or won’t break down when you need it most.
That’s the time to consider a car loan and to talk to us.
For those of you who know that you have a challenging credit situation, please visit Dixie Auto Loans where we have a team of credit specialists ready to help you get approved for a car loan today!