What makes an owner trade in their car?

This may not be a question for the ages. But the impact this question has on every automaker will very well determine their long-term successes and failures.

After all, manufacturers want you to become an evangelist for their chosen brand. Billions of advertising dollars can be hurled at the general public in an endless cacophony of overt and nuance ridden ways. But in the end, it’s the good graces and big mouths of us current owners that carries the most sway. No clever hamster, truck loving dog, or clueless celebrity can approach the collective influence of the word of mouth.

Your opinion matters most, bar none… and now with the potential of over 300,000 surveys and data sets to tabulate, I may need a bit of help with it all.

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Not too long ago (but in a galaxy far, far away) I wrote about the deals you can get on unpopular new cars that have brand new replacements waiting in the wings.

Today we’ll examine what happens when those vehicles fall off the depreciation cliff. Again.

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Aaron writes:

Sajeev,

I currently own a 2007 WRX Wagon with a little over 100,000 miles on it. I love this car, even enough to overlook getting merely 21mpg. Anyways.
As is true with many import car owners who love too much, I started modifying the car almost as soon as I got it. It currently has a 3″ exhaust, a tune, and some miscellaneous other engine bits, with suspension components on order. The car is my current project, and I plan on keeping it for some time. There’s a slight problem though. (Read More…)

Aaron writes:

Hi! I’ll try to be concise.

I have a 2003 A4 manual sedan with 78K. I wanted a wagon but couldn’t find one and was in a hurry for wheels. Well, now I found one: 2003, manual, 107K. It’s at a dealer lot. Plus it’s got some desirable performance modifications, including exhaust. (Read More…)

Bill writes:

Hello TTAC crew!

My Mom is in need of a new car. The problem is her trade in: It is a 2002 PT Cruiser with a serious overheating problem ($1700+ quote at two reputable repair places) Now here is the problem. Do I keep my dang mouth shut when we go to the dealership and do the deal? I have a spare car that she is driving until it cools off and the overheating problem will not be noticeable at trade in.

I would never sell the car to a guy off the street without disclosing a major problem. Even to a car dealership I think I feel guilty in not disclosing it. We are not going to be financing, and will be paying cash for the car. So it is not like they can unwind the deal if they discover the problem.
Having ethical dilemma about screwing over a car dealership who exist solely to try and take as much money as they can from you in every conceivable way is weird.

Bonus question. These are the three cars we are considering Hyundai Elantra Touring, VW Jetta Wagon and Ford Focus Wagon. Any recommendations of the three or reasons to avoid them?

Thanks in advance for any help!

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Stay Classy, Honda!

TTAC Commentator Anchorman33 writes:

Hello Sajeev,

Love TTAC, and the Piston Slap series.  I’m not a fixer, mainly because of time and space, but knowing a community like the B&B/TTAC is out there definitely makes me think about my automotive choices more than I ever did before.

I’ve got a 2006 Honda Odyssey that’s coming due for it’s 105k mile service.  I’ve had it for about the last 3+ years and done basic maintenance, to include changing the brake and transmission fluid about 10k miles ago.  don’t know when/if they had ever been changed before.  It’s been in at least two wrecks, rear ended before I bought it and not fixed properly – the driver’s side rear bumper has about a 6″ bolt holding it on; and side swiped on the drivers side about 18 months ago, fixed properly.  I  Overall it’s an ok ride,but definitely showing it’s age cosmetically and mechanically.  The current plan is to keep it for another 6-8 months and replace it with a new(er) van that’s a keeper.

The local independent shop (SoCal) is quoting me $1100 for the timing belt, water pump, radiator hoses, fluid and oil change.  Local dealer is saying $1850 for all that plus valve adjustment.  My question for you and the Best and Brightest is, how big of a gamble is it to just change the oil and hope the rest of the items can make it 8-12K more miles?  I obviously don’t want to blow up the motor, but I’m having a hard time swallowing that much cash outlay on an older than its age/miles would suggest vehicle that I’m planning on getting rid of in less than a year.  Thanks. (Read More…)

Timing isn’t everything, but it is pretty damn important when buying high dollar assets.

Back in April 2009 I told folks that now would be an ideal time to buy a new car. Demand had slacked off over 40% from the record highs. Dead and dying brands were still in the glut of recessionary despair. The credit markets, the only financial source for a lot of car buyers, were a shadow of their former selves. Plus Uncle Sam was all too willing to subsidize the gluttons amongst us with Cash for Clunkers in about a month or two. It was the perfect storm for those of us who needed cheap new wheels for the long run. But today…

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Mark writes:

We will be buying a new car soon and that will leave us with an extra one. My experience selling a car myself makes me think we don’t really have the motivation to do it ourselves this time around.

The car is located in CT and is a White 2007 Hyundai Sonata SE with ~73k miles on it.  The only option is the Sunroof.  For whatever reason the side mirrors seem to attract having the outer housing broken, they are still functional but the housing rattles. I’ve replaced one, unpainted grey, and will be replacing the other shortly.  There are no other issues with the car as I can tell.  The emissions test is due next month, so I’ll have to have that done.

I need your advice on the easiest way to sell used car. Thanks.

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