Best Time to Trade or Upgrade in Greenville, NC

Are You Thinking of Trading or Upgrading Your Car?


Upgrade or Trade In Your Vehicle in Greenville, NC

Holding onto your old ride might keep those monthly payments at bay, but the cash you're shelling out for upkeep could be better invested in a newer, more dependable car. Have you ever asked yourself, "When's the right time to trade in my car?" The experts at Barbour-Hendrick Honda Greenville can help answer that question.

When is the Best Time?

When To Trade-In?

Trading in your car at our dealership is easy and stress-free. So when should you make that trade? Typically, used car prices rise during spring and summer, and some drivers are ready to pay extra after they get their tax refunds. But there's more to think about. Here are some tips on figuring out when it's time to sell your car:

Check Your Car's Value:

At Barbour-Hendrick Honda Greenville, you can use our trade-in valuation tool, along with some local market research.

Get a Mechanic's Opinion:

Have your go-to mechanic check out your vehicle and estimate upcoming maintenance costs for the following year.

Consider Its Future Value:

Unless you own a classic car, it probably won't appreciate over time. If you believe that money spent on repairs would be wiser as a down payment on a shiny new Honda, then selling now might be the way to go.

Think About Payoff Status:

While you can trade in a vehicle that still has payments left, it's generally wiser to wait until it's fully paid off, especially if its value is less than what you owe.

Now Might Be Perfect for Selling Your Car:

Due to manufacturing hiccups from the pandemic and the ongoing semiconductor shortage, used car prices are skyrocketing around Greeneville, NC. Still debating whether to trade in your old vehicle? Don't wait too long because resale values are hitting record highs.

When To Upgrade?

Are you still driving the same car from five years ago? Whether you have an old sedan or a beat-up pickup, there's a good chance you could use an upgrade. Here are some solid indicators that it might be time to consider getting a new car or at least something different.

Your Car Breaks Down Too Often:

Sure, it's normal for cars to break down occasionally, especially if they're older. Common culprits like dead batteries, low oil levels, and snapped clutch cables can usually be fixed quickly by a mechanic.

But if your car keeps breaking down, that could mean it's time for an upgrade. If you're spending more time waiting in the garage than cruising around town, it's time to check out some new Honda models.

Your Engine Needs Frequent Repairs:

Things like a busted radiator, leaking head gasket, or low coolant can make your engine run hot. If you notice that the temperature gauge is creeping up too high, it's definitely time to get your car checked out.

While topping off the coolant is usually an easy fix, issues with the radiator or head gasket may require more serious repairs. Regularly replacing these key components can add up fast. So why not treat yourself to a new Honda instead?

Your Car Has Become a Gas Guzzler:

Are you stopping for gas way more often than before? Several factors could be at play if your sedan is drinking up fuel like there's no tomorrow. A clogged air filter might choke off airflow and mess with fuel efficiency. Driving aggressively is not helping either.

If you're fed up with pouring money into the gas tank every month, consider upgrading to a new Honda model.

Past the Miles Per Gallon Limit:

These days, many cars can reach up to 200k miles if they're well cared for. But once you cross that 75k mark, car troubles tend to ramp up noticeably. You might find yourself needing more repairs and needing help locating parts since they could be out of production.

When your odometer hits six figures, it's time to start shopping for something new. Beyond 100k miles, issues like combustion chamber turbulence and electrical system problems become common. Suddenly, your ride feels less like an asset and more like a financial burden.

Visit Barbour-Hendrick Honda Greenville to Learn more

Now that we've tackled the best time to trade in or upgrade your car, we're excited to help you move forward. Check out the awesome deals on new and pre-owned vehicles at Barbour-Hendrick Honda Greenville in Greenville, NC. Don't hesitate to reach out today.