4 signs it’s time to junk your old car
Many Sydneysiders are scrapping their old car and purchasing new ones. According to a report, out of an estimated 500,000 end-of-life vehicles (ELV), 70 per cent of ELV materials by weight are shredded and recycled in Australia, including Sydney. You can scrap your old vehicles with the help of a distinguished service provider for car removal in Sydney. The term car removal is synonymous with cash for cars in Sydney. Hence, many prefer their services and sell their old vehicle. You can ensure that they will remove the old vehicle from your property after you schedule an appointment. But is it time to junk your old vehicle? Should you buy a new one? This article will answer those questions as you get to know the signs.
- You have been spending more time in the gas pump: Is your car old? That means it is less fuel-efficient. Well, many new cars that come out each year are a little more fuel-efficient than the older models. If you had purchased them in the early or mid-90s, you are more likely spending an arm or leg in the gas station. Although you are no longer making any payments for them, the cost adds up since you spend more time in the gas station. You might drive many miles, but if you find yourself at a gas station approximately three times each week, it is time to upgrade.
- Safety is becoming an issue: You might maintain your car properly, but eventually, it might become unsafe. It can become unreliable and break down at dangerous times like driving on the highway. Since many old models don’t have advanced features like the newer ones, it can threaten your safety. At present, new models have amazing safety features such as electronic stability control, rearview cameras, side airbags, forward collision alert and blind-spot monitoring. Although many of these advanced safety features are optional and not really necessary for your vehicle, the muffler falling off can be a risk to many vehicle owners. If you feel uneasiness driving it, it means that it is time for an upgrade.
- The cost to insure the vehicle can rise tremendously: If you want to insure older models, you might have to splurge on them. Even if your driving is spotless, the annual insurance premiums might creep up frequently. Well, it mostly happens when the owner is commuting to and from work. You must always pay attention to the insurance premium of your cars. It is as crucial as other costs such as gas and repairs for your vehicle. Your monthly insurance premiums can be more expensive than you realise.
- Repairs cost more than the car is worth: One of the most important factors for replacing your old vehicle with the new one is repairs. The cost of the repairs can be incredibly high, and it can be more than the car is worth. For instance, you spend 2000 Australian dollars on an engine repair every week, and the car is worth 500 Australian dollars. Hence, it would be preferable to purchase a new one than fix the old model each week. If you are still not convinced, you can opt for the “tire test”. You can put new tires on your vehicle and ask yourself if it is worth the cost. If it is not, you must purchase a new vehicle immediately. Also, you can opt for services like car removal in Sydney, where they will dispose of your old vehicle as per the car scrap laws and guidelines. Paying for the older models can be expensive without a return on investment. Additionally, you must have considered it reliable for helping you commute over the years. Well, it is time to send the vehicle to the scrapyard.