Which car to sell? | TigerDroppings.com
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lsutigerinbama
LSU Fan
Birmingham, AL
Member since Sep 2003
447 posts

Which car to sell?

Any finance / car guys here?

Are there any general rules of thumb when picking between two cars to sell? I know any situation is dynamic but in general.

I want to sell one of these so I can buy a truck.

Car 1: 2011 Taurus SHO 26k miles worth about 25k owe about 23k

Car 2: Chevy Equinox 35k miles worth about 17k owe about 16k

What do?


Croacka
UNLV Fan
Denham Springs
Member since Dec 2008
54940 posts

re: Which car to sell?
What year is the equinox

I have a 2010 with about that many miles that I'm planning to trade

Not quite sure what its worth yet though


Eta: I would probably keep the Taurus but I don't have much of a basis other than preference


Our equinox has given us problems and I've become a big ford fan
This post was edited on 12/9 at 5:16 pm


lsutigerinbama
LSU Fan
Birmingham, AL
Member since Sep 2003
447 posts

re: Which car to sell?
Sorry the Chevy is 2011 too.

Yeah I'm not really if there is a good answer. I just can't remaking decide so I'm looking for some trains of thought.

One person recommended keeping the one with the higher value to purchase ratio.


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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
17360 posts
Online

re: Which car to sell?
I had to google Taurus SHO to see how in the hell a Taurus was worth that much.

Definitely the Taurus, if you can get that much for it. The equinox is lame, but at least it doesn't cost 50% more than a 4 door pickup to be lame.


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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22723 posts

re: Which car to sell?
Sell both. Do you really need to be 40k in debt?


Cold Pizza
Ohio State Fan
Member since Sep 2011
7639 posts

re: Which car to sell?
quote:

Sell both. Do you really need to be 40k in debt?


lynxcat
Rutgers Fan
Member since Jan 2008
14737 posts

re: Which car to sell?
He does need a car...


lnomm34
USA Fan
Louisiana
Member since Oct 2009
8117 posts

re: Which car to sell?
quote:

He does need a car...


Buy one he can afford?

Mine is 10 years old with 68,000 miles, bought it in May with 60,000 miles for $3,500. No car note is always nice.


lynxcat
Rutgers Fan
Member since Jan 2008
14737 posts

re: Which car to sell?
Sounds like he can't afford much given the amount of debt and the actual value of these fairly new cars...

No car note is the best...but there is nothing wrong with taking on a loan for a car.


BestBanker
LSU Fan
stuck in a moment
Member since Nov 2011
3778 posts

re: Which car to sell?
sell the equinox.
it sucks.

forget finance and follow this.


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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
17360 posts
Online

re: Which car to sell?
quote:


Sounds like he can't afford much given the amount of debt and the actual value of these fairly new cars...


Exactly, but for some reason, he has bought a suped up POS for 30k.

I have a boatload of disposable income and wouldn't buy a 30k car right now. I have no idea why people put themselves in a load of debt over cars.


BestBanker
LSU Fan
stuck in a moment
Member since Nov 2011
3778 posts

re: Which car to sell?
quote:

I have a boatload of disposable income and wouldn't buy a 30k car right now


how bout a boat? only buy a car with a carload of money, amirite?




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Cold Pizza
Ohio State Fan
Member since Sep 2011
7639 posts

re: Which car to sell?
quote:

I have a boatload of disposable income and wouldn't buy a 30k car right now. I have no idea why people put themselves in a load of debt over cars.


My personal vehicle is a 2000 Tahoe. It needs to go in for a fuel pump and injectors...or be traded off on a 535xi. I just can't drag myself into writing that check.


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lynxcat
Rutgers Fan
Member since Jan 2008
14737 posts

re: Which car to sell?
quote:


Exactly, but for some reason, he has bought a suped up POS for 30k.

I have a boatload of disposable income and wouldn't buy a 30k car right now. I have no idea why people put themselves in a load of debt over cars.


Agreed. I would love to drive a nice new car, but the idea of debt and a car note quickly curbs that urge. And, my car right now is great and I barely drive it since I am rarely in town.


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