Whats the 'cost to change' about?
If you do nothing (option 1) then after 5 years you will have (relative to option 2) €14500 minus the €2500 extra the car will cost to maintain so €12000 cash and a car worth €2000; net position €14000. Option 2 is €0 cash and car worth €11000; net €11000. So option 1 is cheaper by €3000I can't get my head around this! If I add 14.5k to my 11k, that's 25.5k, which I reckon will be worth 11k in 5 yrs, that's a cost/net loss of 14.5k!! Ah!!
Thanks, had the flywheel replaced under warranty. Hoping €2,500 would cover other unexpected repairs over 5years.Dual mass flywheel,diesel particulate filter.
Yeah, the figures are estimates. The reason scenarios 2&3 have same outturn is higher cost to change but higher residual value. Net result the same and, with scenario 3, I can choose colour, spec is higher and more appealing to me.So if your figures are correct (and they may be optimistic)there is no net cost difference between options 2 & 3 (which puts your figures in doubt). So €50/month is the extra cost to have a new/er car for the 5 years.
True. I have no illusion on dealer generosity. I should probably buy a VW Golf.Just a point as id previous 2 kias, sturdy car etc but your resale value after 5 years could be way lower which is why we changed to a different manufacturer....we found some dealerships didnt even want to take them as a trade n give outrageous quotes to put us off, we were stuck trading in at a kia dealership..y...
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