In many cases, people are perfectly happy to have their cars scrapped, especially considering the high prices that can often be offered for even the most mundane of vehicles. Of course, it’s not always a matter of physical value. If a car has been with you for a long time, you’re probably going to want to hang onto it; put simply, sentimental value will prove more important than physical value.
It’s fine to be attached to your car, but you should also be able to tell when it’s time to move on. Here are just three signs it’s time to scrap your current car and move on to pastures new.
- Frequent Breakdowns
Sure, new vehicles have all the bells and whistles, from heated seats to semi-autonomous driving aids. However, when it comes right down to it, their main advantage over older models is reliability. If your vehicle has started to break down frequently, it is no longer able to perform its main role. Even worse, you could miss vital meetings or find yourself late for work, and it’s probably going to cost money to call out a towing service.
- Repairs Are Expensive
Of course, the towing service will only be the start of your troubles. Once your vehicle is taken to a qualified mechanic, you’ll often find yourself facing very high repair costs. This is partly because older vehicles often suffer from more widespread problems, but you also have to consider that replacement parts become harder to source as a vehicle becomes more outdated. There’s no point in paying a fortune for repairs when the vehicle doesn’t have long left anyway. Remember the old rule: if the price of repair is higher than the vehicle’s overall value, those repairs aren’t worth making.
- MOT Fail
Even if your vehicle has never suffered from a breakdown, it might fail its annual MOT. This is a clear sign that it’s ready to be scrapped. If a vehicle doesn’t pass its MOT, a lot needs to be done to make it roadworthy once again, and you’ll be stuck without a vehicle until it passes muster.