Is Your Car Costing You More Than it’s Worth?

On average, it costs between £1500 and £4500 to run a car each and every year. For older cars, this can be significantly higher as fuel consumption drops and repair bills start mounting up year by year. This means that, for those with older cars, the amount that they pay to run their car each year could be significantly more than the car itself is actually worth.

Getting online car valuations could help you understand exactly what your car is worth and in turn exactly how much more it could be costing you every single year. Furthermore, by looking at the running costs of a newer car when compared to your current car and adding these savings to the amount your car valuation suggests your car is worth, you could very quickly see just how much extra cash you might actually be able to put towards a newer car without actually losing out. By understanding how much car valuations suggest your car is worth and how much it might actually be costing you to run when compared to a newer model, you could also very quickly work out just how quickly buying a newer car might actually suddenly start to present you with a profit.

Therefore, strange as it may seem, upgrading your car may actually save you money in a very short space of time. There are also ways to cut down how much your car is costing you to run each year, and this should be taken into account once you have sourced an initial car valuation. For example, not only will shopping around for car insurance and filling up each and every time you spot cheap petrol help to significantly lower the running costs for you, but by reducing your mileage where possible, not only will you reduce wear and tear, but you may also find that you can reduce the cost of insurance too.

For more information please visit – www.glass.co.uk/Valuations