As much as I like having new things I am a fan of late model automobiles. It generally feels more financially responsible to me. There does come a time when it makes sense to trade up. Why would I do it? Why should anyone start looking at new stuff?
I guess with an automobile there is status value and an emotional attachment appeal that may overshadow any financial considerations. Those considerations aside there are some good practical reasons to trade up. There is the peace of mind knowing you have a necessity in your life you can depend on.
There are the safety improvements both in new technology and the fact that a new product probably has a much better chance of having safety components working the way they where originally designed. There is the reliability which improves convenience. Depending on the gas prices of the day the mileage may come into play saving a significant amount of spendable income each month.
Hi efficiency can make a big difference if you are trying to stay on a monthly budget. Not having to spend on repair bills is a big advantage too. It is nice to have a warranty in place and not worrying about expensive surprise repairs. When I think about this stuff and I see an old central heating or cooling unit in one of our customers basement I wonder why there are not a lot more 20 and 30 year old cars on the road.
Is it a status or emotional need that makes the difference or have the car companies done a much better job of explaining the value. If a home is a typical families most valuable asset you have to wonder if the foundational elements should be so old in many cases. I mean… a car is important but how much time do you and your family spend in it compared to your house?
Regards – Ed Wolfe
Related Articles
Tags: central heating, cooling unit
If you like what you found, subscribe to our RSS Feed, Facebook Page, and follow us on Twitter!
