Tax season is officially upon us, which means we need to make some critical decisions, and one of the most common ones, upon the beginning of this new financial year, is whether you should keep or sell your car. We recognize how big of a decision this is, which is why the team at Guaranteed Automotive and Transmission is here to help. Here are three steps that will help you decide:
Step 1: Let’s figure out what your vehicle is worth. Many sites can help you with this. All you have to do is input some information about a car, such as make, model, mileage, and year, into their database, and you will be able to see how much your car is worth quickly.
Step 2: Determine how much it will cost to keep your car chugging along. The team at Guaranteed Automotive and Transmission can help you with this. Our ASE-Certified technicians can perform a thorough inspection on your vehicle, carefully assessing your car’s strengths and weaknesses to figure out an estimation of much maintenance and repair is necessary to keep your car vehicle running safely.
Step 3: This tax season, math isn’t just reserved for your CPA. Break out your calculator and your pencil to compare the cost of the trade-in value of your vehicle and purchasing a new car with the maintenance and repair costs of keeping your vehicle running in tip-top shape.
For many of our clients, they consider their vehicles, no matter the make, model, or mileage, a part of their family and deciding whether it is time for your car to visit the garage in the sky can be a challenge.