Making the decision to buy a new car can be a difficult one. Should you continue to drive your older beater that is already paid off, or take the plunge on a shiny new vehicle?
Money savers may think the answer is simple; however, as the questions below prove, there are many issues to consider when facing this decision:
- Is your current vehicle in the shop more than it is available to drive?
- Do you have to pray that you can get to your job each morning without the car quitting on you?
- Can you afford a payment?
- Can you afford the insurance on a new car?
- Are repairs costing more than payments on a new vehicle?
- Can your growing family no longer fit in your current car safely?
If you answered yes to most of these questions, the writing may be on the wall that it is time to part with some cash and purchase a reliable and dependable car.