High mileage a good reason for selling car?

Fresh air helps!

I have a 2015 Skoda Superb Estate top spec leather etc 2.0 diesel with 270,000 kms on the clock. Yes I drive a lot so I take care of my car main dealer service always & anything needs to be done it gets done. I love it but I am thinking of selling because of the mileage as I am working from home permanently now so was going to get the same car again but 2018/19. Will I get stung with trade in value because of the mileage, would like to see if others think my mileage is bad. Should I just stick with it and hold off until next year when I was going to change but would I loose more and end up needing more cash to bridge the gap to change?. Thanks in advance.

Buddy Bubs

Fresh air helps! wrote: »

I have a 2015 Skoda Superb Estate top spec leather etc 2.0 diesel with 270,000 kms on the clock. Yes I drive a lot so I take care of my car main dealer service always & anything needs to be done it gets done. I love it but I am thinking of selling because of the mileage as I am working from home permanently now so was going to get the same car again but 2018/19. Will I get stung with trade in value because of the mileage, would like to see if others think my mileage is bad. Should I just stick with it and hold off until next year when I was going to change but would I loose more and end up needing more cash to bridge the gap to change?. Thanks in advance.

Yeah your car is definitely worth a lot less than a trade in with say 100k kms.
Is it the older model? My friend just traded a 2016 superb sport line with about 180k kms on it for a brand new kodiaq and was allowed 12k for his.
Older model, a year older, extra 90k kms, trading against another used car you're looking at trade in value of about 6 to 7k I'd guess. Fact that it's an estate might help you.
As for your query about holding off, yes your car will continue to lose value but if you were to trade up to a 2018 today it would cost you more than it would to trade up to a 2018 this time next year as the newer car will be losing value quicker than yours.

If you were to trade up to a 2019 car next year, it would cost you more than trading up to a 2018 today.

Hope this makes sense

dylbert

If your current car is paid for and your happy with it hold onto it a bit longer and start putting by the money you would be paying out on a car loan each month, in a year or two you’ll have your car plus a cash sum to go towards a new car.

User1998

I wouldn’t look too much into it but if you drove low mileage for the next two years the mileage would start to even out compared to other Superbs of the same year. If the car is reliable and your happy with it I see no reason to change.

Also buying a 2018 Superb isn’t a good idea if your working from home. Superbs are made to be driven long distances on the motorway. You would be better off looking at petrol or hybrids

bazz26

If your working from home permanently now then the new car will do what your current car is probably doing, just spending alot of time parked on your driveway. The only difference being that there will be a bigger hole in your wallet and the new car sitting there depreciating more than your current car. It makes no sense to change cars in that scenario unless your current car is having problems and costing you money in repairs.

Idbatterim

zero point in changing car! if you have no need for a car or a second car in the household, selling it and getting rid of expense of car might be of interest.

Fresh air helps!

Thanks for all the replies very helpful. I own the car outright. I normally change every 5 years don’t do finance I save €50 a week in between cars so it’s always a straight deal with the odd credit union loan if I need a bit extra but I saved nothing last year as things changed financially but ok now plus I dipped into my savings a lot. I think I will hold off for a year as I love my car just was worried about the mileage meaning more cash needed to change. Even working from home I am still on the road a lot as we live pretty rural. Thanks again it really helped me decide what to do and I have more time to try and save again.

Fresh air helps!

Buddy Bubs wrote: »

Yeah your car is definitely worth a lot less than a trade in with say 100k kms.
Is it the older model? My friend just traded a 2016 superb sport line with about 180k kms on it for a brand new kodiaq and was allowed 12k for his.
Older model, a year older, extra 90k kms, trading against another used car you're looking at trade in value of about 6 to 7k I'd guess. Fact that it's an estate might help you.
As for your query about holding off, yes your car will continue to lose value but if you were to trade up to a 2018 today it would cost you more than it would to trade up to a 2018 this time next year as the newer car will be losing value quicker than yours.

If you were to trade up to a 2019 car next year, it would cost you more than trading up to a 2018 today.

Hope this makes sense

It is the newer model it is 152 reg. Thought it would make a difference but I am going to hold off for 12 - 18 months makes sense.

Buddy Bubs

Fresh air helps! wrote: »

It is the newer model it is 152 reg. Thought it would make a difference but I am going to hold off for 12 - 18 months makes sense.

If its newer model might be worth a bit more so, its a good step up from the older ugly superb!
But I think you're doing right thing holding on to it for a while

Lantus

User1998 wrote: »

Also buying a 2018 Superb isn’t a good idea if your working from home. Superbs are made to be driven long distances on the motorway. You would be better off looking at petrol or hybrids

What about the petrol superb? Or the phev superb? I'd say they would be good choices if one was inclined.

bs2014

Holding off is the best thing. If your only saving 50e a week, you are gonna be faced with a huge jump (credit union loan) to go up the years. If thats all you can save, thats fine, just to make you aware your car is prob depreciating by more than 50e a week (2500 a year)

Fresh air helps!

bs2014 wrote: »

Holding off is the best thing. If your only saving 50e a week, you are gonna be faced with a huge jump (credit union loan) to go up the years. If thats all you can save, thats fine, just to make you aware your car is prob depreciating by more than 50e a week (2500 a year)

I would normally have a lot more saved but like a lot of people covid restrictions hit a bit hard. I have a great car was only worried about mileage really but I will be doing a lot less now so will hang on till 2022. I never borrow more than €5k off the credit Union when changing cars and I want to keep it like that because it is paid off in no time.

Fresh air helps!

Lantus wrote: »

What about the petrol superb? Or the phev superb? I'd say they would be good choices if one was inclined.

Love my diesels, it is fantastic economically for me when on the road in normal circumstances, but will have to face the electric/hybrid at some stage will see how the Skoda electrics go & watch reviews on them over the next while to see what I will do.

Lantus

Fresh air helps! wrote: »

Love my diesels, it is fantastic economically for me when on the road in normal circumstances, but will have to face the electric/hybrid at some stage will see how the Skoda electrics go & watch reviews on them over the next while to see what I will do.

That comment wasn't aimed at you op.

Your mileage still commands a diesel comfortably. Your plan to hold off and save is a head vs heart argument. I ran my old golf for 15 years and did 100km a day. Very glad to upgrade when I did but got max value from the old girl. Still miss her.

You may get a slight cost benefit from a hybrid or phev but only if it can be bought at little extra cost.

User1998

Lantus wrote: »

What about the petrol superb? Or the phev superb? I'd say they would be good choices if one was inclined.

Out of the 100 2018 Superbs for sale, none are phev and 5 are petrol

Fresh air helps!

Lantus wrote: »

That comment wasn't aimed at you op.

Your mileage still commands a diesel comfortably. Your plan to hold off and save is a head vs heart argument. I ran my old golf for 15 years and did 100km a day. Very glad to upgrade when I did but got max value from the old girl. Still miss her.

You may get a slight cost benefit from a hybrid or phev but only if it can be bought at little extra cost.

Ah you’re grand I knew anyway. You are so right though heart says get a new one, head says hold fire there now!. Great cars & so comfortable & an easy drive on long journeys that’s why I stick with them. I remain to be convinced of the electrics though, my friend has a Kia electric and I don’t like it at all. Boring!