By on June 22, 2011

Michael writes:

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?

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