Best time to sell your car?
Hi Guys,
Just really a question for all to gain some insight as I mull over options. I’ve got a 2013 Range Rover Sport, which contrary to popular belief, I have not had many problems with. The car runs perfect today, and sits at just over 70K miles break-even. It is paid off, and I am trying to figure out if I should ‘drive this puppy to the ground’ (I.e. until I’m paying more annually in repairs than I would for a new car) or if I should capitalize on potentially being able to get ~$20K still for it and roll it into a new car.
Any thoughts, tidbits or insights you’ve picked up over the years would be super helpful.
Thanks all!
I try to hit 10 years+ with my cars
My guess (and this is just purely a guess) is the reputation for the Range Rover's liability issues way precedes it and therefore even if you've been luckier than the typical owner with its reliability, I think you may be more hard pressed to find a buyer that will give you full "value" for the pristine nature of your car. I think worth exploring the used market just to see what you can get but I would say you may as well drive it for longer assuming you're still generally enjoying the car and aren't looking for a new one solely other than your economic reason highlighted above.
Thanks, and agree. I am thinking of putting it up on some websites for a high price and see the bites. Just worried that the longer I own, the more likely a large maintenance spend is coming all while depreciation is accumulating
A large maintenance spend could be possible, but if it drives fine now maybe keep it for a few more years as 70K really isn’t a ton of miles.
The used market is hot right now. I’d go on caravana, Vroom, and edmunds to get instant quotes. You might be shocked what they offer.
Asperiores nostrum earum tenetur quis cupiditate mollitia iusto et. Temporibus corrupti asperiores tenetur vel quia voluptas. Eveniet nesciunt mollitia qui nesciunt at maiores. Est natus eligendi corrupti deleniti facilis labore. Pariatur voluptate doloremque dolorem iste rerum minima. Sunt non non molestiae molestias molestiae ducimus. Est ut aut assumenda aut maiores.
Consequatur officiis ducimus beatae ea pariatur omnis. In consequatur rerum laudantium nulla voluptas ratione voluptatem. Laudantium itaque vitae inventore aperiam ullam. Quas dolorem quia velit voluptate aut necessitatibus. Molestiae aut illo consequatur voluptatem ut deserunt voluptatem quia.
Nesciunt dolorum sed dignissimos tempora similique assumenda. Ratione id ullam voluptas voluptate nam cupiditate magni.
Asperiores aut est sed aut ab ipsa provident. Vitae et recusandae tenetur officia aut temporibus error. Amet in natus animi. Voluptates quo est sed unde mollitia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...