Summer-Tire-Care-Tips

As a car driver, there is a high chance that you will end up owning various makes and model throughout your lifetime. No-one ever keeps hold of the same car throughout their entire life. And why should they? Lifestyle and personal changes dictate that the types of car you use will differ as you get older.

For example, as a youngster that has only got their driver’s license, a small compact car will suit your daily needs. But when you get older and have a family, you will need an SUV or station wagon to better suit your lifestyle.

BMW X5 2007 26

Credit: Janitors

As you own a car, you might be wondering if it’s the right time for you to upgrade your pride and joy. The focus of this article is to help you answer that question.

Is your current car no longer “fit for purpose”?

There are many different reasons why people decide to trade up and get better cars than what they have right now. Some drive around in what we would describe as clunkers. Whereas others might need a bigger car to accommodate a growing family.

What you should never do is upgrade to a better car because you are now bored of your existing one. Buying and selling your cars in a short space of time will end up costing you a lot of money. Only consider changing your car if the vehicle you drive needs to evolve with a change of circumstances.

Can you afford a better car?

Unless you are lucky enough to get born with a silver spoon in your mouth, you will need to work for the money to buy a car.

As you know, cars differ in price from cheap to “I’ll never afford that in a million years” expensive. Your personal finances will dictate whether you can afford to upgrade to that BMW 5 Series or Range Rover Sport you’ve had your eyes on.

If your existing car is on finance, I recommend keeping it until it’s paid off. When that’s done, you can part-exchange it for the new car that you want. Most legitimate car dealers, such as Saxton 4×4, will have no issue accepting your car as part-exchange. As long as it’s not a clunker, of course!

For those of you with a leased car, wait until the lease runs out before buying a new car. What you should never do is add any existing finance onto the cost of financing your next vehicle! You will be the one that ends up with a raw deal while the finance companies are laughing all the way to the bank.

What about insurance?

It’s no secret that car insurance gets determined on many different factors. Insurance companies take into account your age and driving history, where you live and what you do for a living.

Believe it or not, some cars that you might think cost a fortune to insure might be cheap for you! Make sure you get insurance quotes on various models before deciding which one you would like to upgrade to.

Good luck!