When do you trade in your car?

[seldomseen]

I was having this conversation today. Curious to get thoughts of others.

 

[loomis41973]

Never...you will get more $$$ selling it on your own.

 

[tanner12oz]

When the cost to maintain per month exceeds a car payment is what I've always been told.

I drive stuff till its scrap and luckily haven't had a car that required pouring tons of cash into it.

 

[SECplayer]

I just traded one in because it had been in the shop about three times in four months. It was pretty high on Miles so I felt it was a good time to get rid of it.

Definitely could've got a few grand more selling it privately BUT I really don't like the idea of meeting strangers for test drives at random times. Maybe that's just me.

 

[loomis41973]

I just traded one in because it had been in the shop about three times in four months. It was pretty high on Miles so I felt it was a good time to get rid of it.

Definitely could've got a few grand more selling it privately BUT I really don't like the idea of meeting strangers for test drives at random times. Maybe that's just me.

So you pass up a "few" grand for being a scaredy cat? Wow. Maybe your mom could have went with you and you could have spent that few grand on balls or testosterone.

 

[SECplayer]

So you pass up a "few" grand for being a scaredy cat? Wow. Maybe your mom could have went with you and you could have spent that few grand on balls or testosterone.

Oh. Didn't realize you were one of "those" posters. You can find someone else to argue with if you're that bored. Doesn't have a thing in the world to do with being scared. Time is valuable. You can continue trolling now Loomis.

 

[MikeB]

Oh. Didn't realize you were one of "those" posters. You can find someone else to argue with if you're that bored. Doesn't have a thing in the world to do with being scared. Time is valuable. You can continue trolling now Loomis.

He's an expert on everything.......He's also got more stories than Walt Disney.

 

[loomis41973]

Oh. Didn't realize you were one of "those" posters. You can find someone else to argue with if you're that bored. Doesn't have a thing in the world to do with being scared. Time is valuable. You can continue trolling now Loomis.

Not bored...trying to help you out. MOst people here could use a few grand

 

[loomis41973]

He's an expert on everything.......He's also got more stories than Walt Disney.

No where near an expert on anything....just like making money. Sorry the wealthy intimidate you.

 

[MikeB]

No where near an expert on anything....just like making money. Sorry the wealthy intimidate you.

Haha....you are better at making jokes than telling far fetched stories.

 

[Albatross]

Always trade less than 35k miles. Usually every 2 years.

 

[loomis41973]

Glad to entertain...run along and play with your boyfriend Scott now.

 

[MikeB]

Always trade less than 35k miles. Usually every 2 years.

Do you lease or buy?

 

[seldomseen]

Always trade less than 35k miles. Usually every 2 years.

That's pretty much what this person does. Trade-in every 2-3 years. Takes the equity from the current car and uses it to pay down the newer vehicle.

 

[shdw01]

What I try to do is get a new car every 5 years.....and have my wife do the same....but stagger them so we do the shuffle every 2-3 years.

Hasn't been working out like I hoped....my car is a 2011 and I'm only now trying to sell my wife's car. Gonna have to keep mine an extra year at least

 

[loomis41973]

Out of the 5 vehicles i own.....2007 is the newest model year.


Lots to be learned above.

 

[wilbur]

Ordered a 2015 GMC Duramax and should be in this week.
Traded my 2005 with 130,000 on it.
Booked at 51k, my truck and 32k.
Price included all taxes and license.

 

[wilbur]

Ordered a 2015 GMC Duramax and should be in this week.
Traded my 2005 with 130,000 on it.
Booked at 51k, my truck and 32k.
Price included all taxes and license.

Ordered it before the end of the year or would have had to pay a shit load of tax for the year

 

[ThreeKings]

Ordered it before the end of the year or would have had to pay a shit load of tax for the year

That isn't going to help you in 2014, it will be a 2015 deduction. Doesn't matter when you order it. The date placed in service is when you can take the deduction.

 

[loomis41973]

That isn't going to help you in 2014, it will be a 2015 deduction. Doesn't matter when you order it. The date placed in service is when you can take the deduction.

Hey these guys know everything....no need to piss on the parade.