How often should I trade in my car, or vehicle, for a new one?
Factors like depreciation, balance on the loan and condition are part of this.
this depends on preference and what you can afford. some cars are built to last as long as they are taken care of, but some people see cars as a trend. Used cars hold their value more than New cars. New cars lose their value as soon as you take the keys and drive it off the dealer's lot. It may be wise to look into having the car's oil changed every three months or 3,000 miles, which ever comes first. this helps keeps the car fuels efficient. But for people who enjoy having a new car every Six months and can afford that kind of thing, it would be a good idea looking into leasing a car.
The thing I like about foreign cars is that their value seems to hold up so much better. So if you put alot of miles on it you can still sell it to get some money out of it. My car is a vw jetta it has 169,000 miles on it and I am driving it until it stops moving. I love it.
It depends on your financial status and the condition of your car. Lower mileage has more value on older car; but year model also has more value on younger car. In general i think big companies sets the line.
Past the two year mark, that value of a car drops fast. Past 150,000 km the value also drops fast.
80,000 km or 2 year is my border. No maintenance yet, still some warranty left, good option for buyer. All gives me better price. I usually find I have to pay about 20-25% of the new value in; often even trade in at better price than original price paid.
BUT - if your car is on lease (Not paid off) better keep it and pay off, then enjoy a few months without those payments before you consider trade in.
by Don6 hours ago
Some articles you can add to (or update?) every week, but should you? Does anyone know if how often you add to an article changes (positively or negatively) your views, earning potential, etc.
by Bellamie3 years ago
So I have a '92 t-bird and a 2006 taurus, both fords. I actually like the t-bird better than the taurus, except for the fact that the t-bird is in need of another transmission. I lost the overdrive while...
by Stacie L2 years ago
How many cars have you owned in your lifetime?Most people have owned at least 5 cars when they reach 60 years and many trade them in every year. How many have you owned in your lifetime?
by Vince5 months ago
How often should you check your car oil?I do mine weekly but I have friends that do every month or two. I feel that is too long and a replacement engine is costly.
by rlaha6 years ago
I live in a one bedroom with my husband. I tend to clean when I am in the mood to clean as does my husband. How often should you clean your apartment? I try to at least clean the bathroom once in 10 days and...
by Mikeydoes6 years ago
How often should you poop in a week and how often should you poop a day.My knowledge on it is many people shoot for 1 day. But it is completely up to the person's metabolism and diet. Along with several other variables.
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.