4 ways to tell it's time to change your carBy Kijiji Autos
One thing to keep in mind is the immediate depreciation that new cars suffer from. Unless you’ve bought a very rare sports car, count on your car losing around 20% in the first 12 months after you drive it off the lot. Every year after that could knock another 10% off, so keep that in mind when it comes to trade-in time.
Here are other important factors when considering replacing your car:
Major model changes
Most cars go through substantial changes every six years, with minor facelifts and upgrades every two or three. If you want the most bang for your buck, research the car(s) you’re interested in buying to see if they’re almost due for a major update. If they are, you may find extra deals on them as owners and dealers are looking to make room.
Don’t forget to keep an eye on the calendar, too. Certain times of year are better for good deals on specific types of cars. Read the Kijiji Autos guide on when the best time is to buy a new car.
Cars are more reliable than ever these days, but they’re not bullet-proof. After a few years, you may notice increased visits to your mechanic. This can be especially true once a warranty has run out. Even the most diligent preventative maintenance can’t stop general wear and tear, especially in Canada’s extreme weather conditions.
So, is it worth fixing your old car or buying a new one? It comes down to a simple formula: If the yearly maintenance costs plus depreciation of your current car outweighs the likely depreciation of a new one, it’s time to start looking for that new car.
A quick tip: Keep the maintenance records of your current car, as they’ll help increase its value.
If your car has been in an accident
It’s as they say: Accidents happen. If your current car was in an accident and repairs weren’t carried out by a certified expert, it could be unsafe for you and your family. A compromised vehicle isn’t just dangerous in the event of another crash—it can have a knock-on effect on gas mileage, performance and handling.
If it’s anything more serious than cosmetic damage, it’s usually better to ere on the side of caution. Consider switching to a pre-owned model, as it must pass rigorous testing procedures.
This is the big one. Be honest with yourself: Does your current car suit your needs? A two-door convertible isn’t exactly ideal when there’s a new little one in the family. If that’s the case, browse our Kijiji Autos Families section, which offers hundreds of potential kid-friendly cars.
On the other hand, maybe the kids aren’t so little any more, and they’ve left the nest entirely. That minivan in the driveway could change into something smaller and more economical—maybe even an electric or hybrid option.
Then again, why not complete the cycle and get back into a drop-top? You can check the current Kijiji Autos convertibles stock to find the right one.
No matter what the reason is, you’ll want to maximize the earning potential of your old car. If you’re sure about letting it go, read our guide on how to negotiate the sale of your used car.
Armed with all this knowledge, you now can determine if it really is time to trade in your current car. If it is, start the journey for its replacement on Kijiji Autos.
Easily find your next ride on Kijiji AutosSearch now
Short guide to the perfect car photo
The same rule applies when advertising your used vehicle. You want it to stand apart from the crowd. By displaying high-quality, realistic photos of your vehicle, you’re sure to grab the attention of buyers. Above all, you’ll proudly present it in its best light! Our short guide to the perfect...
How do I write an ad for selling my car?
If you’ve already asked yourself “how do I write an ad for my car?” chances are you’re already motivated and anxious to sell your vehicle to the right buyer. Whether you’re ready for an upgrade or want to trade in your sports car for a family-friendly vehicle, you need to you sell your current...
Here's how to sell your car easily
Sell your car at a reasonable price If you’re wondering, “How much should I sell my car for?” remember that most buyers are filtering their searches by price. That means that your car’s year, make and model are often not the most important things on a buyer’s list of priorities. Make an honest...
How to take great pictures that will help sell your car
One of the biggest benefits of using Kijiji Autos is the sheer amount of choice. Buyers can browse a wide selection of makes, models and trims – and it's easy to make comparisons between them, for price and a variety of other factors. Your well-being remains our top priority. Please seriously...
7 tips on setting the right asking price for your vehicle
We’re often so attached to our old car that we overestimate its dollar value. But the used car market doesn’t care much about our feelings, nor for the vehicle’s backstory, unless it’s a vintage car. Here are 7 tips to help you set the right price for your used vehicle: 1. Age and mileage...
Don’t make a lame car ad
With plenty of classifieds postings for vehicles out there, you can't afford to post a car ad that doesn't stand out in a good way. Ads with no photos and barely any useful information are a turn-off for serious buyers who simply don't have the time to email each ad asking for more details and...
Our tips for writing your used car Ad
You’d love to sell your car. It’s still in great shape, but you’re ready for a change. There’s no better time to place an ad and find it a new home. Beware: writing an ad that will catch the eye of the right buyer can’t be done on the fly. You don’t need to be Shakespeare, but you should take...
10 things to highlight when selling your used car
Even if you still love it, your tastes or needs have changed, and someone else might enjoy the vehicle more. It’s time to put your car up for sale at a reasonable asking price.Keep in mind, however, there are thousands of used vehicles on the market. Why would a serious buyer look at yours in...
Making the most of your contact with a potential buyer
Your ad has attracted the attention of dozens of potential buyers, some more serious than others. Of course, your used vehicle looks amazing, it’s a model that buyers desperately want, and its popularity is undeniable. And yet… You’ve been receiving emails from interested buyers, but the...
Everything you need to know about trading in your car
If you think it's time to upgrade your everyday vehicle, but you don't want to bother with selling it privately, then trading your car in is likely the option for you. Trading in refers to the process of applying the value of your current car towards a new or gently used option at a dealership.