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would you sell? limited use, 12 months

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  • would you sell? limited use, 12 months

    Hi guys,

    I have a superb 206 2016, fully optioned + 5 year wty + 5 yr servicing
    i'm considering starting a new job, but I wouldn't need the car at all.
    Wife and I have another car.
    Approximate costs of rego/insurance/deprectiation/interest on the loan is ~13k for 12 months - which seems a lot.

    nb: total family km per year would go down to ~18,000km after changing jobs.

    so its probably a dumb question, but, lets do a poll!
    2
    Sell the car
    0%
    1
    Use the two cars, cutting down the kms travelled in both
    0%
    0
    Put it on 'car next door'
    0%
    0
    Other? write in comments
    0%
    1

  • #2
    It’ll depreciate a lot unfortunately, but that is the name of the game. If you can afford to wear the depreciation, and only need one car, then reducing the outgoing expenses makes a lot of sense.
    Cheers

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    • #3
      whats the other car? maybe sell that. im in similar boat cus i bought a new ranger xlt last year and changed jobs and now dont need it for work. made the decision to keep it as family car and sell my golf R, as i would lose money by having to pay out the loan on the ranger...

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