TTAC Commentator Jimal writes:
Sajeev and Steve,
I have one of those quandaries that most adults will go through sooner or later in life and I figured I would tap into you and the B&B for suggestions. My father passed away recently after a long illness and I’m helping my mother with settling his estate; cleaning up finances, etc. Among the things my father left behind were his 2005 Buick LeSabre, which my mother hates, and her cherished 1996 4-door Chevy Blazer. (Read More…)
Towards the end of the year, we may be in the market for a minivan (Honda Odyssey… this is not the advice I’m looking for, but feel free to weigh in). We have two cars we own outright: 2004 Toyota 4Runner and a 2006 VW Passat with 75K and 65K miles on them, respectively.
Both are in good working order, no issues other than the sign of age. Both have V6 engines.
Question: which one to trade in? I figure they are both worth about $10k trade in based on KBB, with the VW potentially worth marginally more (I could be wrong there). I’m leaning towards trading in the VW since it will depreciate faster and is more likely to have issues as it continues to age and wear.
What are your thoughts (now being greedy)…on both the trade-in AND the minivan choice?
No details yet, just an Inside Line confirmation from GM’s Karl Stracke that a seven-seat, Lambda-platform crossover “is absolutely a go.” It has long been rumored that the Cadillac Escalade would be replaced by a Lambda-platform crossover. The Cadillac crossover will join the Buick Enclave, Chevrolet Traverse, and GMC Acadia, as the Lambda becomes the only platform shared by all four of the General’s “core” brands (and previously, the Saturn Outlook as well).
GM announced today that Buick-GMC sales manager Brian Sweeney has been promoted to the top spot at Buick-GMC after his predecessor Michael Richards left the position after nine days on the job. According to the Detroit News, Sweeney began his GM career at GMC in 1990 and has served as vice president of sales at Saab Cars USA and sales manager of GM’s north-central region.