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re: When do you trade in your vehicles?

Posted on 3/3/21 at 8:05 am to
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67488 posts
Posted on 3/3/21 at 8:05 am to
Usually around 150K miles or so
Posted by NorthGwinnettTiger
Member since Jun 2006
51827 posts
Posted on 3/3/21 at 8:06 am to
I drive them until the wheels fall off. frick car payments.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19532 posts
Posted on 3/3/21 at 8:08 am to

I wouldn’t say I trade them in. I usher them to the finish line.
Posted by latech15
Member since Aug 2015
1170 posts
Posted on 3/3/21 at 8:09 am to
I have a follow up question - sorry for the hijack...

I have a 12 yr old Acura with 340k miles. I hope to drive it another year/50k miles. Assuming it makes it and repairs aren’t the killer, what do you do with that car at the end of its life.....don’t know if it’s even worth trying to sell.
Posted by Slingscode
Houston, TX
Member since Sep 2011
1855 posts
Posted on 3/3/21 at 8:16 am to
Get what little you can for it.

My preference is to donate it. Cars for Kids is a great organization.
Posted by SECSolomonGrundy
Slaughter Swamp
Member since Jun 2012
15893 posts
Posted on 3/3/21 at 8:16 am to
There are companies that will come pick up your broke down old car and give you money for it.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64607 posts
Posted on 3/3/21 at 8:18 am to
Usually when my truck gets about 175K or so they issue me another one.
Posted by Spankum
Miss-sippi
Member since Jan 2007
56043 posts
Posted on 3/3/21 at 8:30 am to
quote:

Genuinely curious: Why do you not think you'll ever again have that dependable of a vehicle?


Because I have never had one that was as dependable in the past...
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51296 posts
Posted on 3/3/21 at 8:30 am to
quote:

I've got about 82k on the F150, I say it's time to trade it in. Wife (no pics) says she likes the idea of having no car payments.


82,000 miles isn't a lot of miles, especially on a car you own free and clear.

People tend to dump their vehicles way too soon.
This post was edited on 3/3/21 at 8:31 am
Posted by deltaland
Member since Mar 2011
90679 posts
Posted on 3/3/21 at 8:31 am to
I have farm trucks beat to death with over 300k miles and the 3.5 ecoboost and I have 0 issues with the engines. Those engines are solid

I usually like to trade around 150-160k miles but sometimes wait till 200k. I buy used with low miles, pay it off in 3 years or less and try to go 2-3 years with no car note. Trade in when current truck value gets down round 10k, drop another 5-10k in down payment and finance 20-25k for a 1 year old used fully loaded truck. Repeat cycle
Posted by TigerBR1111
Baton Rouge
Member since Sep 2014
6577 posts
Posted on 3/3/21 at 8:32 am to
Whenever the maintenance costs/hassle becomes greater than the note on a new car.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10052 posts
Posted on 3/3/21 at 8:34 am to
I’ve never traded a car into a dealer. I’ve sold all of them private party for far more than any dealer offered.

That said, I refuse to buy a car on anything less than an 8 year depreciation cycle. I plan on keeping me current car from 2014-2026. It just crossed 100k miles.
Posted by TigerBR1111
Baton Rouge
Member since Sep 2014
6577 posts
Posted on 3/3/21 at 8:34 am to
quote:

This is never the case unless you destroy it in a wreck.


Says the guy who didn’t drive a Ford Tempo in the early 90s.
Posted by go_tigres
Member since Sep 2013
5161 posts
Posted on 3/3/21 at 8:36 am to
Of my 4 vehicles, the newest is a 2015 with 130k miles and the oldest is a 2000 with 200k miles.

My wife couldn’t care less what she drives as long as it’s dependable and I’m cheap so it works out perfectly.

I’m also somewhat handy and can do most repairs but I also have a top notch mechanic that’s reasonably priced when I can’t do the repairs, which is a tremendous asset.
Posted by Geauxbreauxz
Huntsville
Member since Feb 2021
114 posts
Posted on 3/3/21 at 8:37 am to
Soon as I need new tires
Posted by Weekend Warrior79
Member since Aug 2014
16418 posts
Posted on 3/3/21 at 8:38 am to
Like many others, for me it's when the repairs start piling up. My last car I dropped a little over $3k on repairs, then another issue showed up about 2 months later. Was going to be between $2.5k-$5k depending on the fix. Mechanic could not be sure which it was until he pulled the engine. Had him wrap it up, fix the symptom and traded it in 2 days later.

If I am not comfortable having my wife(no pics) drive it, I trade it in. If I think it's still reliable, but I just want an upgrade I'll try to sell myself.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37112 posts
Posted on 3/3/21 at 8:41 am to
I've never traded in a vehicle. The last two I have had, I drove them until they are worthless, then I donated them. The one before that, I sold for 2K. The one before that, I drove until it was worthless.

If I thought a big repair would be due soon, and I could get more value now... maybe. Depends on repair costs. I never understood how people can say "oh I think a big repair is coming up" and still get value on the car. Wouldn't the dealership be able to tell it needs repairs as well?
This post was edited on 3/3/21 at 8:43 am
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8315 posts
Posted on 3/3/21 at 8:51 am to
im on my 4th 4runner. whenever one of the dealers around here calls me and gives me too much for it and finds me a newer. has worked 3x now.
Posted by Overwatch
Member since Feb 2021
127 posts
Posted on 3/3/21 at 9:02 am to
Whenever they wear out. But my main vehicles are both Toyotas so .... looking like never.
Posted by HouseMom
Member since Jun 2020
1015 posts
Posted on 3/3/21 at 9:07 am to
8 years seems to be the time I want a new one. We have several years note-free, repairs should be minimal, and the trade-in value is decent. Plus, the body style/technology starts to get old and they just don't smell good anymore. My husband thinks I'm nuts, but I really hate the smell of an "old" vehicle. And yes, I keep mine clean.
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