Since cars do not appreciate in value the obvious answer to this question would be no. But say your car is already paid off, would it be more cost effective to keep paying for repairs on a car you’ve had for maybe five years or more? If you’ve still got a warranty on your vehicle than your best bet would be to keep your car that’s paid off, or almost paid off. The best thing about new cars however, is you know they will be more reliable than an old car.
Tags: Selling Tips, Used Cars