As human beings, we like to justify the decisions we make in all sorts of ways. Eating that extra piece of cake as a reward for going to the gym this week, or buying a brand new iPhone because our job involves checking emails on the go. Whatever we decide, we give ourselves reasons for doing the things we do.

But sometimes there actually are great reasons for making a certain choice. Like when it comes to buying a car. There might be times when it’s a bad idea to buy one, but other times when it’s a great idea. Right now, it’s a great idea to buy a car, here are five reasons why:

1. Economy

The economy has been growing steadily for years now, and thankfully it’s doing great. This means that more people have jobs and can afford to buy things they want. When the economy is good, it’s always a great time to buy a car. And hopefully, you’ve recently gotten a raise which should eliminate any excuse you have for holding off. 

2. Discounts

“Discount” is one of the best words in the English language, and dealers are offering fantastic discounts right now. This is because the automotive business has been booming over the last several years, which means that lots of people have already upgraded their vehicles. Dealers need to entice people to do business, so they’re offering very attractive discounts that you can take advantage of.

3. Options

There is a never-before seen array of options in the automotive industry these days, both in terms of types of vehicles available and the options in the vehicles themselves. Manufacturers have spent the last decade developing all sorts of niche vehicles for every taste and interest you can think of, so the perfect vehicle for you is most certainly out there. And the available technology, convenience, and safety options in cars and trucks these days look like something out of a futuristic science fiction movie.

4. Low rates

Most people finance their vehicles, and low rates mean that you can get a lower payment and spend less of your money on interest over the life of the loan. These rates are historically low, but they won’t last. The federal reserve has already raised rates and signaled that they will continue to do so over the next year or more, so don’t assume they’ll stay this low forever.

5. Peace of mind

If you look past the superficial aspects of buying a car, you’ll realize just how much peace of mind it can bring you. There’s the reliability aspect – knowing that your vehicle will start when you need it to and not cost you thousands in repairs. Then there’s the safety aspects as newer vehicles have more rigorous and advanced safety options than ever before, providing you and your passengers more security and safety on your journeys. That in itself is more than enough reason to look at buying a new vehicle today.