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KEEP, SELL OR TOSS: YOUR NEXT CAR BUYING DECISION

American Pride Automotive • Aug 27, 2014
There comes a time in every vehicle’s journey when its owner has to make a choice about whether to keep driving it, put it on the market or lay it to rest. There are a few situations that may prompt the need for such a decision. You may encounter the prospect of a major repair, experience a life event like the birth of a child that calls for a bigger vehicle, or simply want a change of pace. You may know that it is time for a different vehicle, but choosing what to do with the old one can be overwhelming. Let us help.

WHEN (AND WHEN NOT) TO KEEP YOUR CAR
Remember that keeping a used car is almost always cheaper than buying a new or “new” used car. That’s why it’s important to make the distinction between want and need, and to make absolutely certain that a purchase is in your budget. If nothing is particularly wrong with the vehicle and/or the added expense of a new vehicle will be a stretch, consider sticking with your current vehicle for a while longer. That being said, a car with critical mechanical problems or sky-high mileage may no longer be a keeper.

Some costly issues that may not be worth fixing include the need for engine or transmission replacement. But don’t jump to conclusions. Sometimes when people see the high price tag of such a repair, they forget that it pales in comparison to the price of a new car. What if you just want something new and different? It might be smart to sell your car to an interested buyer.

WHEN TO SELL YOUR CAR
Like we said, putting a vehicle on the market is a smart choice for those who are simply ready for a change–especially if the car has retained significant worth over the course of ownership. There are several options for selling a car. You can put an ad in the paper or on Craigslist, auction it on a site like Ebay, or simply put it out front with a “For Sale” sign. Apart from putting the car on the market privately, also consider negotiating a trade-in at a local dealership (if possible) or let American Pride Automotive do the work for you. We buy all makes and models and are even willing to take a chance on vehicles in need of repair. Fill out our “Sell Us Your Car” form to inquire and schedule a free appraisal of your vehicle.

WHEN TO TOSS YOUR CAR
For very old cars with non-repairable problems or for vehicles in bad accidents (declared a total loss by the insurance company), the best option is sometimes to sell for parts and recoup what you can. Visit the DMV website to learn about how to legally declare salvage vehicles in Virginia.

No matter what you decide to do with your current vehicle, American Pride Automotive can assist in any part of the process. We can diagnose and repair mechanical problems, buy an older used car and even help you find the perfect new-to-you used car. Contact any of our three American Pride locations (Newport News, Williamsburg or Toano) to learn more.

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