It might be time to retire your used car

Through mile after mile, time after time, your N Charlotte Toyota vehicle has always been there braving the road with you. But, year after year your Toyota used car is likely going to run into several issues along the way. Driving a vehicle that’s been paid off is definitely cost effective, but in the long run that may not be the case. Your used car may begin to under-perform, break down, or fail on you entirely and this could lead to terribly high expenses in the long run. If you’re unsure of what to look for if you think your vehicle is giving out, check out this guide from us at Toyota of N Charlotte.

1) It’s hard to find repair and replacement parts

Unfortunately, when it comes to repairing or replacing parts on your Charlotte Toyota used vehicle it can be difficult as the years go on. Your particular vehicle could be discontinued, meaning production could be stopped, and finding replacement parts can prove to be difficult, expensive, or even impossible.

2) Repair costs exceed your used car’s resale value

If you do manage to find replacement parts for your vehicle, the repair costs may exceed the real value of your Charlotte Toyota car. Vehicle depreciation is unforgiving when it comes to the resale value of your car and as the years go by, your car will continue to decrease in resale value. If you encounter an issue and fixing it is going put you upside down on your vehicle’s value, you may want to seriously consider getting rid of it while you have the chance.

3) Accident damage

Being out on the road so much, your Charlotte Toyota used car has a much better chance of getting into an accident and consequently being damaged. Depending on the verdict from your insurance company, your vehicle could be considered a “total loss,” meaning the repair cost exceeds the true value of the car. In cases like this, it’s wise to take the payout from your insurance company and shopping for a new N Charlotte Toyota vehicle rather than attempting to repair the vehicle.

4) Cracked or damaged engine block

After years and years and miles and miles, the damage on your Toyota used car may be damage you can’t see. If you’ve been noticing frequent unreliable start-ups, flat lining, or physical signs of damage in the engine compartment, you may have a cracked or damaged engine block. This is a very costly auto repair issue and another sign that it may be time to find a new vehicle.

5) Rust

Rust on the body or undercarriage of your vehicle is something that can truly ruin your ride. If you start to notice more and more rust spots on your Charlotte used car, it’s time to find a different ride.

If you’re unsure if it’s the right time to retire your old reliable ride, come talk with us at Toyota of N Charlotte! We can help you get behind the wheel of a brand-new ride or repair your current ride. We’re open seven days a week and located at 13428 Statesville Road.