Elderly couple with a 2013 Ford Edge Limited that runs and looks great vs buying a new car.

When considering whether to keep the 2013 Ford Edge Limited or buy a new car, there are several factors to evaluate:

### Advantages of Keeping the 2013 Ford Edge Limited:

**Cost Savings**: Keeping the current vehicle avoids the immediate costs associated with purchasing a new car, like down payments, higher monthly payments, and taxes.

**Lower Insurance Costs**: Older cars may have lower insurance premiums, reducing overall expenses.

**Proven Reliability**: If the car runs well and has been well-maintained, it may continue to be reliable for years.

**Familiarity**: The couple is already accustomed to the vehicle, its features, and its handling, minimizing the learning curve that comes with a new car.

**Depreciation**: New cars lose value rapidly in the first few years. By keeping an older vehicle, they avoid this depreciation.

**Less Stress**: No need to go through the hassle of shopping, test driving, and negotiating for a new car.

### Advantages of Buying a New Car:

**Advanced Safety Features**: Newer cars often come with updated safety technology, which can be particularly important for elderly drivers.

**Improved Fuel Efficiency**: Newer models often provide better fuel economy, which can save money on gas.

**Warranty Coverage**: A new car typically comes with a warranty, providing peace of mind against unexpected repairs.

**Enhanced Comfort and Technology**: Newer vehicles often feature modern conveniences, updated infotainment systems, and better comfort which can enhance the driving experience.

**Reliability**: A new car is less likely to require repairs in the early years compared to keeping an older vehicle.

### Factors to Consider:

**Current Condition of the Edge**: If it runs great and looks good, this might weigh heavily in favor of keeping it.

**Mileage and Maintenance History**: Lower mileage and a good maintenance history suggests it will remain reliable for a while.

**Financial Situation**: Consider their budget for monthly car payments versus maintaining the Edge.

**Driving Needs**: Assess whether their driving needs have changed or if they require something different in a vehicle (e.g., more space, easier access, etc.).

**Potential Repairs**: Factor in possible repairs that may be necessary as the car ages versus the reliability of a new vehicle.

**Future Plans**: Consider if they plan on traveling more or need a vehicle that meets different accessibility or comfort needs.

In summary, if the 2013 Ford Edge Limited is in good condition and meets their needs, it may be financially wise to keep it. However, if they are looking for additional safety features, comfort, or reliability, investing in a new vehicle may be the appropriate choice. Ultimately, the decision should align with their current financial situation, lifestyle needs, and personal preferences.