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Home›Auto›Key Factors for Selling Your Vehicle at Present

Key Factors for Selling Your Vehicle at Present

By Clare Louise
November 22, 2023
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There exists a diverse array of factors that could contribute to such a phenomenon. The decision of whether or not to sell one’s car at present necessitates careful consideration. However, it is worth noting that the following reasons have been frequently seen as the primary motivations for selling vehicles in recent years:

Growing popularity of alternative fuel vehicles

During a huge portion of the pandemic, there was a notable decline in gas costs, reaching unprecedented levels, primarily due to reduced vehicular activity compared to pre-pandemic levels. With the potential conclusion of the global pandemic on the horizon, there has been a noticeable resurgence in the escalation of gasoline prices. Perhaps the fuel-inefficient nature of your vehicle may not have appeared particularly unfavorable during the period of confinement when commuting to and from work was not a need. However, as societal activities resume, the frequency of refilling your fuel tank will inevitably increase, exposing you to volatile fluctuations in gas costs.

In a broader context, it is evident that gasoline vehicles are facing an inevitable decline as the global community grapples with the urgent challenges of global warming and climate change. Given the escalating costs of gasoline, it may be prudent to consider divesting one’s present internal combustion engine vehicle and instead acquiring an electric vehicle or, at the very least, a hybrid vehicle. This strategic move would mitigate the necessity of perpetually augmenting expenditures at fueling stations.

The financial burden and inconveniences associated with automobile possession

Perhaps you are experiencing fatigue from managing the financial burdens and challenges associated with owning a car. The average monthly cost of automobile ownership, encompassing expenses such as fuel, insurance, maintenance, and other related costs, amounts to a significant amount. A substantial number of individuals are incurring expenses that exceed their budget, while a fortunate few can allocate a lesser sum. Regardless of one’s perspective, the amount of money involved is substantial. Alternatively, if an individual has been engaged in remote work during the duration of the epidemic, they may realize that continuing to work remotely is a viable option even after the pandemic subsides, thereby eliminating the need for a daily trip.

The inquiry at hand pertains to whether or not you possess the ability to abstain from owning a motor vehicle. If you live in a place that offers excellent public transportation or lots of ride-hailing drivers, then maybe you can get by without a car. There are numerous factors to consider while determining the feasibility of living without a car. If feasible, there is no better moment than the present to sell big bike (ขายบิ๊กไบค์, term in Thai) and embrace the liberation from car possession.

The justification for an upgrade

There exists a phenomenon wherein individuals consistently engage in the practice of exchanging their automobiles for new ones at regular intervals, often coinciding with a specific threshold on the vehicle’s odometer, such as when the mileage is nearing the expiration of the warranty coverage. In certain instances, individuals may see the need for an upgrade due to a recent substantial increase in their income at their place of employment, prompting a desire to possess an automobile that aligns more favorably with their financial remuneration and societal standing.

 

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