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Twist or bust?
My car is a 1999V Peugeot 406 L HDI Estate with no a/c and 83,000 miles on the clock. It has just had a new exhaust and drivers electric window switch fitted but is otherwise in good working order and is a reliable car. It has been annually serviced with an oil change every 6 months. Bearing in mind that the trade in value for this car will be small, we have approx £6,000 towards another 2nd hand estate.
Should I change this car now whilst the second hand market is very poor or keep hold of this car until it falls apart?
Should I change this car now whilst the second hand market is very poor or keep hold of this car until it falls apart?
Asked on 10 January 2009 by
Answered by
Honest John
In the same way it's a good time to trade up in houses, it's a good time to trade up in cars. Probably better in cars because while house prices are still falling, I don't think car prices can drop much further or manufacturers will simply stop making cars. Some already have. Honda is shutting down for February and March.
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
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Dear Honest John,
Please help me choose my next car. I would like it to have:
Please help me choose my next car. I would like it to have:
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