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How to work out whether it is better to sell or keep my car?

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  • paddedjohn
    paddedjohn Posts: 7,512
    Part of the Furniture
    Forumite
    edited 11 November 2010 at 7:25AM
    £600 yr1 insurance, yrs2 and 3 will be a lot higher the way the insurance market is moving, so i would budget for about £2200ish for 3yrs insurance not £1800. If you sold now for £2000 and saved the cash along with the insurance and mot costs you could have £4500 saved in 3yrs to buy a new car. Sell now and buy later
    Be Alert..........Britain needs lerts.
  • missile
    missile Posts: 12,014
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Do whatever sums you like. It makes no sense to keep a car which you may need in three years time. What will you do if you fall out with BF?
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
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