When to let go...

**LadyRider** · January 27th, 2008 12:46 AM

Hello there fellow Tsikoteers! We all have reasons for letting go of our cars. For example to upgrade, downgrade, or for emergency purposes etc.

When do you say its time to let go of your ride? Do you consider a certain amout of years before you change cars?

Would you mind sharing this with us?

**DonT** · January 27th, 2008 01:50 AM

All I notice is that a lot of people sell their cars after they have fully paid up vehicle..Around 4 to 5 years.
And for the owner's point of view..depreciation starts to diminishes while maintenance costs increase at 5 years age. FWIW.

**v6dreamer** · January 27th, 2008 02:02 AM

I should say, when my cars are in acute and maintenance is too high to keep, I'll get rid of it.

**VtEC** · January 27th, 2008 06:29 AM

hmmm, i think when you are no longer happy with the car.when i say 'not happy" does not mean that the car is unrepairable na

**redorange** · January 27th, 2008 06:49 AM

I keep my cars for as long as possible unless something happens which requires me to sell them. Of course it's always better when they have been paid completely with no more monthly payments. Personally I don't think selling a car just because it's 4-5 years old is particularly wise(specially when you have just paid it off) as you take the brunt of the depreciation in the first 2 years of ownership. Whatever you save in monthly payments can always be set aside for maintenance rather than starting a new debt.

**CoDer** · January 27th, 2008 08:24 AM

Originally Posted by LadyRider

Hello there fellow Tsikoteers! We all have reasons for letting go of our cars. For example to upgrade, downgrade, or for emergency purposes etc.

When do you say its time to let go of your ride? Do you consider a certain amout of years before you change cars?

Would you mind sharing this with us?

Uy mam I smell an upgrade!

Ako I will be keeping my first dilapidated car for as long as parts are available. It would be too impractical to change ones' car after the long amortization unless you have money to burn. That's a lot of money in a five year period even if you paid it in cash.

**KBR** · January 27th, 2008 12:28 PM

hhmm.. Ive had about 15 cars in the span of 10 years. and I usually have 2-3 cars in hand (kailangan may pang porma, karera at pang back-up!) but I did sell a few of my cars due to some financial troubles (only twice) then the rest I sold coz some kids wants to buy my car (and they end up paying alot! lolz!) and a couple of cars I sold so that I can fund / upgrade my other car. and the others.. well, I just junk 'em. kasi nag sawa na..

aite, peace.

**shadow** · January 27th, 2008 01:18 PM

I think when you have the money to replace your old car

**BlueBimmer** · January 27th, 2008 02:13 PM

when maintenance is a headache and my brother approves a new vehicle purchase c/o the corporation

**mbeige** · January 27th, 2008 02:22 PM

Buying a car is almost always an emotional thing.

Letting it go is usually a rational thing.

Personally - I've already had my car for 4 years and I'm keeping it. We got a wagon in 2005 supposedly to restore, but it was too much work and we wanted something more fresh and more reliable, so we sold it and got a newer wagon. Incidentally the market was filled with wagons of the model we were looking for. I don't think we'll be selling that wagon anytime soon because it has served us well, but if we do it'll be a similar one with less miles and in much better shape. As for my car, it'll keep on chugging still

Like I said, keep it for emotional reasons, and sell it for rational ones.