thread: Opinions/Advice Please - Trade in and upgrade now or later?

  1. #1
    Registered User

    Nov 2010
    Perth, WA
    3,172

    Opinions/Advice Please - Trade in and upgrade now or later?

    So we've been looking at trading in our current cars and upgrading. We've currently got a 2005 Mazda 3 hatch and a 2007 Lancer VRX sedan that we own outright (no loans). Both really good cars, the Lancer chews a bit on fuel but other than that can't fault them for our current circumstances.

    We currently have a 9 year old DD and a bub on the way, due in November. Both will fit comfortably in our current cars, however we are planning another addition in the next 2-3 years which will see our family outgrow our cars.

    The plan is to trade in both cars, and look at something like a Mitsubishi Outlander or Nissan X-trail as the "family car" which will be primarily mine, and a small car such as a Colt as DH's runabout for work etc. Looking primarily at either ex-demo models or used but relatively new if that makes sense.

    What we're not sure of is whether it's better to do this now (or soon) to get a higher trade in value on them, or wait until we actually need to do it and save the money we'd be paying in loan repayments into a savings account to put towards the new cars?

  2. #2
    Registered User
    Add helle on Facebook

    Sep 2008
    Bunbury, Western Australia
    3,963

    Now.

  3. #3
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    we've just traded our 2007 outlander and no way could you get 3 kids across the back seat...!

  4. #4
    Registered User

    Nov 2009
    In Paradise
    2,022

    I thought 3 seats meant three baby seats could fit? is this not always the case?

  5. #5
    Registered User

    Nov 2010
    Perth, WA
    3,172

    Fortunately for us we won't need 3 baby seats across the back, but so long as there is enough room for 2 + DD we're good. Though we both sat in the back while looking at them and there was still enough room for another adult - maybe the newer ones are a bit wider?

  6. #6
    Registered User

    Dec 2006
    Melbourne
    3,737

    No m2r you cant always fit them in even though the seats have anchor points the are so many different seats it can be tricky.

    I think you should changeover now you never know what will happen in a few years.

  7. #7
    Registered User

    Nov 2010
    Perth, WA
    3,172

    Wooohoo!! We're picking up our new Outlander today - traded the Lancer and we're going to keep the Mazda as a runabout/DH's car. So excited!