How long do you usually own a car before you trade it in?

Question

I've had My 1992 Grand Am since it was new-I'll never let it go!

Answer 1

I drive mine til the doors fall off.

Answer 2

Typically, when people commit themselves to buying a new car, they keep it for three years before trading it in. This is because cars will generally begin showing signs of wear and tear after three years of ownership, so they trade up for the latest models.

Also, remember, the moment a new car was driven off the lot, it depreciated. By the third year -- depending on how heavily the vehicle was used -- the trade-in value is considerably less.

The cars today have all kinds of new, fancy gadgets, so it really boils down to personal preference as to what you "need" in your car to be happy.

I personally still have my 1993 Ford Taurus Wagon.
I say, if it ain't broke, don't fix it!

Answer 3

10 years is a good length of time to maximize the money you put into it. After that the repair costs start getting to be higher than the value of the car. 5 years is a good trade off between getting your money's worth out of the car and it actually being worth something when you trade it in.

How long depends on how long it takes you to pay off the car, but I'd say to own it for as long as the time you made payments on it.

Answer 4

It all depends on if you WANT a newer car. Usually people do 3-5 years if they take out a loan. You don't necessarily have to get a brand new car, you could always get a pre-owned Grand Am

Answer 5

Why do no longer you attempt to sell the Tahoe your self? you will get better than the broking delivers you. you will get actual fees from the source decrease than of effectively bought comparable vehicles which will furnish help to verify the thank you to cost it in case you do verify to sell it your self. As for the vehicle, all of those manufacturers will carry their value nicely and be solid besides the actuality that the Honda would be much less costly to maintain. The S60 is a relaxing motor vehicle however so it ought to be a solid compromise between the two. merely remember to get them to deliver you the Carfax report (or in spite of corporation they use) in case you may no longer pass attempt force it. And with that low of a mileage, make advantageous that they are alongside with a guaranty merely in case it is not as they defined.

Answer 6

Well, sooner or later all cars start falling apart.... I buy a used car and keep it for 3-4 years before it starts having problems, then sell it, buy another one...the cheapest way.

Answer 7

I've always wondered why people trade there cars in. If you didn't want it why did you buy it? Sorry I don't know the answer.

Answer 8

i've sold cars new & used 22 years...new & used,

your best value, is while vehicle still has factory warranty or an extended warranty in force & valid. you can always sell one with warranty and ask more money for it. customers & buyers will give a little more $$$$ for it too.
hope this helps

Answer 9

for me about 5 yrs is the limit,,i always trade on or before that time ,,this way i still get something out of it,,hope this helps.

Answer 10

Idealy, it shoud be every two yrs.