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When to Know it’s the Right Time for a Car Upgrade

  • Cars have become a necessity nowadays and people usually add vehicles as a significant part in their financial plans.
  • Key factors to consider when deciding to upgrade a car include a shift in lifestyle, low performance and efficiency, environmental concerns, and depreciating resale value.
  • A shift in lifestyle may require a bigger car or a more compact car based on parking availability and number of occupants.
  • Low performance and efficiency, coupled with expensive repairs, can be a sign that it's time to upgrade for safety and reliability reasons.

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