When Should I Start Thinking About Buying a New Car?

Posted: Saturday, July 15th, 2017

If you have a beloved vehicle that’s got more than a few miles on the odometer, it can be tough to let go. Even if it’s still running well, there are a few signs that it might be time to upgrade to a newer model. When you decide to swap out your old vehicle for a newer, more reliable one, turn to Green Light Auto Credit for financing options.

Four Signs That It’s Time for a Change

Ask yourself these four questions to find out if your old car should be on its way out.

Green Light Auto Happy Customer Sunny Day New Car
  • Is the Warranty About to Expire? – If this is the case, you might soon be on the hook for increased repair costs. Be sure to check out what systems are covered and for how long.
  • What’s Your Most Frequent Type of Driving? – Stop and go traffic can be surprising hard on a vehicle, and after 100,000 miles of this strenuous type of driving, it’s probably time for your vehicle to be replaced.
  • What Kind of Condition is the Vehicle in? – Rust can be a serious problem in St. Louis, and if you’ve got extensive rust damage, there’s not much you can do except look for a new car. Consult a mechanic about the vehicle’s overall condition, but be sure to ask the right questions.
  • What Sort of Resale Value Will You Get? – Older vehicles tend to have less resale value, and vehicles under seven years old with less than 100,000 miles can still have significant value. Consider trading it in for a newer model while you’ll still get a good deal.

What to Do When You Need to Purchase a New Vehicle

If the writing’s on the wall for your old car, truck, or SUV, it’s time to start thinking about your next vehicle. You’ll want to figure out how much you can realistically spend when you finance a new or used model. In addition, the cost of a car is more than just the listed MSRP, so be sure to take that into account. Once you’re prepared, consult the financing experts at Green Light Auto Credit.

The Green Light Auto Credit Advantage

When you go to purchase a new car, it might be tempting to choose the in-house financing department, but it’s worth shopping around for a lower interest rate. Green Light Auto Credit works with a wide network of nationwide lenders to ensure you get the best rate possible, and we’re more than happy to help customers with bad or no credit finance the vehicle of their dreams. When it’s time to get rid of your old vehicle, contact Green Light Auto Credit!