If you are the type of person who sees your car as more of an old friend than a possession, then deciding when to let go of it and upgrade to something newer is never easy. Even if you feel like your car isn’t the greatest of friends most of the time these days due to a lot of inconvenient and expensive repairs, it can be tough to know when to decide to stop trying to fix things and get yourself a new set of wheels. If you’re faced with an expensive repair bill for your car, you might be wondering if it is worth going ahead and paying what’s needed to get your car fixed, or whether you should shop around for something new instead. If you’ve noticed any of these signs, it might be time to think about upgrading your car. 

Repairs Cost More Than the Car’s Value

Anybody who drives knows that paying for repairs is going to be an essential part of car ownership that you are not going to be able to get away from. However, the costs should be reasonable. Don’t pay repair costs that add up to more than your car is actually worth, as you’re only going to be making a huge loss overall if you decide to sell it on in the future. It may be worth checking out BMW sell my car at We Buy Exotics to get as much as you can for your old car in its current condition and use the money towards purchasing a new one. 

Lots of Minor Repairs

Car parts will always break down over time and there is nothing unusual about your car needing minor repairs. However, if you feel that you are at the auto repair shop every other week for something that has gone wrong with your car again, this might be a sign that you could benefit from buying a new one. While each small repair or replacement on their own might not be expensive, if you have to get them done all the time, then you could end up spending more than your car is worth eventually. 

Failing Emissions Tests

With drivers becoming more and more aware of the impact that they have on the environment, it has become even more important to drive a car that does not produce a lot of harmful emissions. Modern cars are usually fitted with tech that lowers their emissions output. However, older cars do not usually have these systems. If an inspection brings up that your car has failed an emissions test, it’s probably time to think about upgrading to a newer and more environmentally friendly model. 

Insurance Costs Going Up

Finally, older cars can be more expensive to run and drive including when it comes to getting insurance. Cars that have been on the road for several years and do not have the same modern safety systems as newer models are often much more expensive to insure. As a result, upgrading to a newer car could help you save money in the long run, along with reducing your risk of accident or theft. 

Cars will last a long time, but not forever. If you have noticed any of these signs, it might be time to think about getting a new car.