Should I buy a new car or keep mine?
If you’ve been asking yourself this question, the time to invite a new vehicle into your driveway may be drawing nigh. Of course, thinking you need a new car isn’t the same as actually needing one. To help you come to the right decision, we’ve outlined the 11 most common signs that your old vehicle is on its last legs.
11. It’s Unsafe
If your vehicle doesn’t have the standard safety equipment found in modern cars, you should seriously consider making an upgrade. Features like rearview cameras, collision mitigation braking, road departure mitigation, and adaptive cruise control offer more protection than older vehicles’ comparable safety systems.
Best of all, those features listed above are standard on new Honda models courtesy of Honda Sensing. Contact your Honda dealer for more information about Honda Sensing.
10. Gas Costs a Lot
Notice yourself pumping gas too frequently? Your car might be behind the times in the mpg department.
Today’s vehicles are far more fuel-efficient than vehicles that came out just a decade ago. For instance, the 2010 Honda Accord returned 21 mpg in the city and 31 mpg on the highway; the new 2020 Honda Accord LX has an EPA-estimated 30 city/38 highway mpg*, representing a 20-35% improvement.
Now, if you were to replace your 2010 Accord with a 2020 Accord LX, you could save approximately $240 per year in unleaded fuel. That’s a substantial chunk of change.
9. You Visit the Mechanic Too Often
If you’re on a first-name basis with your mechanic or auto service center team, it could be a sign that your car isn’t going to last much longer. Upgrading to a new vehicle will virtually eliminate those superfluous non-maintenance trips to the repair shop.
When you buy a new car, you’ll benefit from the vehicle’s full warranty. The Honda warranty, for example, includes a 3-year/36,000-mile Limited Warranty, a 5-year/60,000-mile Powertrain Limited Warranty, and additional perks. Even pre-owned HondaTrue Certified models include an extended 7-year/100,000-mile Powertrain Warranty.
8. Repair Costs
Unsurprisingly, the older your car gets, the more costly it becomes to repair it. According to Consumer Reports, the upkeep on an 8-year-old vehicle costs about $600 on average, which compares to about $50 for a new vehicle.
If your monthly car repair bills are comparable to your estimated monthly car loan payments, it seems like a no-brainer to buy a new vehicle.
7. It’s Too Big/Too Small
Your old Honda Odyssey was perfect when the kids were still kids; now that they’re off to college, doing whatever it is kids do in college, your Odyssey feels too large for your empty-nest lifestyle. Now’s the time to trade your Odyssey in for something a bit smaller, like a new CR-V Hybrid.
6. Air Conditioning Doesn’t Work
Compressors break. Hoses crack. Leaks occur. But when these issues arise regularly and leave you without A/C for an extended period (summer), think about buying a more reliable vehicle rather than spending money on air conditioning repairs.
Consider a cooler (literally) replacement like the 2020 Honda Pilot, which comes with tri-zone climate control and ventilated front seats.
5. Rust or Corrosion
Visible rust or corroded parts are one of the first serious signs that your car needs to be replaced. Rust on cars, which is a common problem here in humid South Florida, can quickly pave way to a catastrophe. The rust will penetrate the surface of your car and eat at the frame, weakening its structure in just a couple of years. Once you see rust, the damage has already occurred, too.
4. High Insurance Costs
Usually, car insurance premiums will go down as your vehicle ages. However, because of safety concerns, older vehicles may not receive the same car insurance discounts as newer models. If your car doesn’t have driver-assistive or crash-avoidance features like a rearview camera or lane-keep assist, you could be missing out on hundreds of dollars in savings.
Speak with your insurance agent to see what types of discounts you’re missing out on.
3. No Bluetooth
Bluetooth has become standard in most cars. If you’ve been driving with CDs or plugging your phone into an AUX port, you should embrace the 21st century with a new vehicle. Your new car will also enable you to use voice-enabled streaming apps like Apple CarPlay and Android Auto – they are more convenient than you’d think.
2. Your Car is the Last of its Kind
After purchasing your vehicle, you likely saw that model everywhere you went: The store, the office, the gas station. Today? Your vehicle is no longer the prom king; it’s been replaced by its newer, fancier model, which should tell you it’s time to replace yours, too.
1. Treat Yourself
You work hard. You deserve a new car – one with the nicest, most modern features, like onboard navigation, Wi-Fi capability, and a hands-free power tailgate. Contact your Honda dealer to learn more about the newest Honda SUVs and sedans available, and you’ll start living your life to the fullest.
For Miami drivers in search of a new car, call one of our South Florida Honda Dealers to request a quote on a new Honda. We have great specials on 2020 and 2021 Honda models, including the all-new CR-V Hybrid.
*Accord MPG – 30 city/38 highway/33 combined mpg rating for LX, EX and EX-L 1.5T trims. 29 city/35 highway/31 combined mpg rating for Sport 1.5T CVT trim. 26 city/35 highway/30 combined mpg rating for Sport 1.5T 6MT trim. 22 city/32 highway/26 combined mpg rating for Sport and Touring 2.0T trims. 23 city/34 highway/27 combined mpg rating for EX-L 2.0T trim. Based on 2020 EPA mileage ratings. Use for comparison purposes only. Your mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.