It’s Time to Sell, Part 1: When the Repairs Add Up

You’ve been stressing out for weeks now wondering, “Is it time to sell my car?” Perhaps you decided it was time, only to guiltily change your mind as you slip back into the comfortable driver’s seat. If this sounds familiar, keep reading. This entry launches a four-part miniseries designed to guide you on when it’s appropriate and wise to sell.

Costly Repairs

The first sign that it’s time to sell a car is when the car’s bills continually outweigh its usefulness.
Every car has ongoing expenses. These are what Edmunds refers to as a car’s True Cost to Own® (TCO). Following are some of the expenses included in the TCO:

•    Gas
•    Maintenance
•    Repairs
•    Insurance

The idea of TCO explains that all cars require continued upkeep and care. Just because you receive a pricey mechanic’s bill doesn’t mean that it’s time to visit the junkyard. However, all vehicles will eventually pass their prime. The longer you drive your car, the more expensive it becomes to maintain its condition. Wear and tear takes its toll, eventually resulting in a long list of parts that need tweaked, repaired, or replaced. 

It’s up to you to determine when the amount of money you’re putting into your car for its maintenance and upkeep exceeds the services it gives you. As soon as it does, it’s time to sell your car. 

Do you have a car, truck, or other vehicle that’s costing you more money than it’s worth? Indy Cash for Cars is here to help. Simply visit our Indianapolis, IN, location—no appointment is necessary—and we’ll give you a quote that meets or exceeds the competition. We welcome vehicles in all conditions. If you need cash for cars, contact us today at (800) 404-6461. We look forward to serving you.