Originally Posted By: JHZR2
As someone with a lot of cars, some with high levels of attachment, I get wanting to keep cars.
But IMO here is the situation - a 2003 hyundai doesnt have much character. Reliable? Great. At some point there will be some good PM and something broken, and the costs will far exceed what the car is worth, which right now is likely not much.
But the car that we keep is for a BEATER/SPARE Car - so character doesn't matter - practicality is the only thing matters
The T-bird, while it is a model that isnt necessarily my favorite, has more character, lower miles, would probably serve as a safer and more enjoyable cruising car. Parts are arguably cheaper, with a ton of commonality to other domestic cars.
That is something I have to consider - but MPG in the long run does have to be thought of - Tbird loses the battle there...I agree that it's the more emotional/fun/enjoyable car - but sadly, those criteria takes 2nd priority when deciding which car is the spare/long-term beater, don't you agree?
Fuel may be higher on the tbird, but how much do you use it? IIRC, you have one or two other cars as well, right? It is going to be tough to recoup dollar losses selling a vehicle in fuel savings of the new one.
As a beater/spare it isn't being driven a LOT, but I baby my BMW quite a bit, so It may get driven more than one thinks.
If youre selling to wrap the cash into the purchase of another car, Id probably sell both if youre itching for a vehicle. If youre not, Id probably drive one or both until they die to extract max value. If/when one has something major, then you may consider selling both and buying a replacement vehicle.
Not the case - The new car (for wife to replace the elantra) has already been bought - So now our main cars are the BMW and wife's new car. (bird or elantra becomes the spare/beater)
Both have some cons to them, but my concern would be selling a good car that currently is running well, whose mileage is worth more to you in terms of miles driven on the road than what youll get for selling it. On older, high mileage cars, maintenance is key. An extra 10-20-50k miles may not make a measurable difference on value at this point...
The primary object of selling one car is make room for the new car - not the money we get from it.