Is it Time to Trade in Your Car?
March 12, 2015
Figuring out if it's really time to trade in your current car for a new one can be tricky. Every day we are bombarded by advertisements for new vehicles and it sometimes can be hard to resist the pull of the "new shiny."
Consumer Reports understands this and recently published a very thorough article on how car owners can honestly determine when it's time for a new vehicle.
Consumer Reports breaks it all down to three "musts" to help you figure out when it's time for a new car. The first is money -- how much money will a new car will save you in fuel costs, maintenance and repairs? Second is safety -- having a car with basic safety features is paramount. And lastly it's all about the features that help you stay connected, such as Bluetooth or built-in navigation.
To help make the thought process even easier, Consumer Reports put all this information in an easy-to-understand infographic, which I have included below.
And if you do find it's time to purchase a new car, remember to use TrueCar No Haggle and Edmunds Price Promise for the best prices in your area.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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