Selling a car of a certain age

Lucky_Duck_2

The other half has a Honda which while it is running fine it is probably time to start looking for a replacement (for example soon it will be too old to be covered by Green Flag)

As I suspect trading it in would realise very little, what would be the best way to raise something for it?

I had a good experience with eBay but that was about ten years ago and the car was considerably newer.

Jonesya

Playing devils advocate - you've got a car and it's running fine, unless there's a known issue with it, why would you sell? New cars break down as well.

What it is 15 years old? Probably worth next to nothing if you sell it, but to you it's probably saving you £900+ a year in the depreciation you'd pay on a new or nearly new car.

I'd keep it, start putting some money aside as insurance and if it does die on you and is uneconomic to repair, then's the time to go and buy another.

When you look at the cost of depreciation, you realise that old reliable cars are worth hanging on to if you've got one.

harrys_dad

It is running fine, it costs you nothing in depreciation, why get rid of it at all?

consumers_revenge

Whilst green flag may no longer cover it autoaid will. Autoaid also give you better cover per pound I would imagine.


As above, if it suits your need and runs fine KEEP IT!

Lucky_Duck_2

The snag with waiting for something to break is that Sod's law dictates that it will happen at the worst possible time

tykesi

You’re using hypothetical situations to justify this to us but more importantly yourself. If you want a new car that’s absolutely fine, just get rid of this and buy one but there no point lying to us or yourself that you’re doing it for any other reason. This Honda is going to be by FAR the cheaper option if the alternative is buying a new or newer car.

FreddieFrugal

Lucky_Duck wrote: »

The snag with waiting for something to break is that Sod's law dictates that it will happen at the worst possible time

Yes but that's always the case. You could go out and buy a newer car today and it could break down on you tomorrow.

It's always a risk.

But you know that yours has been looked after

BeenThroughItAll

New cars break down at inconvenient times. Like, for example, three hours after you drive them away from the showroom, brand new, and when you need to get home.

Thanks, Renault.

Keep the Honda.

cajef

My daughter has my 15 year old Honda Civic, just passed its MOT without any advisories, well maintained still runs without any problems and is in excellent condition, she is going to run it into the ground as it is hardly worth anything now.

loskie

what you dont want though is your ok old car breaking down and being uneconomic to repair and having to buy a replacement in a hurry.
There is a time to offload when you can still get something for it and take your time to choose a suitable replacement.
As no one else has bothered to answer your question I would suggest Gumtree or a local Facebook car selling group. Or even a sign in the window. Gumtree and window sign being my preference. Price it sensibly once you have sourced a replacement and it will sell.

System

I'd change breakdown company. Its far cheaper to pay an extra £50 a year for breakdown cover than pay for a newer car and its depreciation. Say you get a brand new car the depreciation in the first year won't be 10 times the extra cost of breakdown cover, it won't even be 20 times. It'll be more like 100 times more.

I've run old and classic cars. Never had an issue with either the AA or RAC. You can pay/part pay for RAC cover with Tesco clubcard points if you shop at Tesco.