Car_and_Driver

Upgrading Your Old Car vs. Buying a New One

If you’re not happy with the car you have, you’ve got two options: you can make upgrades to it, or you can buy a new one. Here are the pros and cons of each option.

Upgrading Your Old Car

If your car is in need of all sorts of expensive repairs, it might be incredibly expensive to get all that work done. In cases like that, you need to do the maths and find out whether it would be cheaper to do the repairs or to buy a new one. But for the rest of this section, I’m going to assume that your car is in good condition. There are plenty of advantages of upgrading your existing car rather than ditching it and buying a new one.

Firstly, there are loads of great upgrades you can get done without having to break the bank. For example, you could fine tune your engine, suspension and exhaust. This will dramatically improve your ride when you hit the road. If you’re the kind of driver that cares about performance, these changes could persuade you to stick with the car you have. And if the appearance of the car is what you’re worried about, visit The Auto Art. They’ll give you a custom paint job that will breathe new life into the car.

There are a few disadvantages though. When a car is already very old, it’s not going to be able to perform in the same way as a newer car. You can’t make the car younger, no matter how many upgrades you do.

Buying a New One

There’s nothing quite like a new car. It’s fresh and clean, and you know that you’re the first person to get behind the wheel. That’s a great feeling, and one that your old car simply can’t rival. Having something new is also great fun. You can get to know it, drive it around the town and enjoy how much more fun it is to drive than your old car!

You also get a greater level of security. A new car has a warranty. So, if the car does break down or needs any repairs doing, it will be covered by the manufacturer’s warranty. This is something that you won’t get from your old car. Those repairs can be incredibly expensive, and they add up over time. You also get all the great new technology that modern cars come with. Car technology is improving all the time. So, the newer the car, the better the tech.

The major downside attached to buying a new car is the cost involved. You have to pay a premium for them, and as soon as they hit the road, they will begin to fall in value because of depreciation. There’s also insurance to consider – it’s usually higher on new cars.

Conclusion

It’s hard to say which of these two options is the right one for you. You need to weigh up your own situation. If the car is really old and struggling to get off the driveway, it might be time to get a new one. But if your car has plenty of life left in it, making some upgrades might be a good idea for you.