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.
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