- Nov 6, 2016
- Coronation Alberta
- 2002 Jetta
I guess if you have too many cars now and you want to down to downsize it makes sense although my choice would be to let the heaviest fuel hog go first.What do I gain? Here's my breakdown of the buyback on the Golf. First, I get about $1000 more than I paid for it, not including the $1000 goodwill package that I've already spent. Second, I eliminate about half of my daughter's school loans. Third, I reduce my auto insurance by about $100 a month since I get rid of the third car.
In another year or so, I will start looking at what to do with the JSW. Take the fix, if available, and $5100, or take an additional $14,000 from VW to apply towards our next vehicle.
Not many people consider that over the life of a vehicle the highest cost is the fuel not the purchase price. When we bought our first TDI I was running an older Chev 1/2 ton that got 20mpg(pretty good I thought) and our fuel budget was $400/month. That same $400 covered the fuel for the Jetta PLUS the car payments!
That $2000 you think you are gaining will be sucked up in fuel by the next vehicle so quick it will leave you wondering where it went. Then you are stuck with higher fuel bills for ever after. Short term gain for long term pain.
Just my slant on it. No offence meant.