When to sell a vehicle, and buy or lease
Tools that help you decide: keep the vehicle, sell it, or lease a replacement.
Before you start
- Owner access.
- The more expenses you've recorded, the more accurate the recommendation.
- 1
Open When to sell the vehicle? from the Yard. For each vehicle: its age, yearly running cost, maintenance trend and book value.
- 2
The recommendation: Replace it, Watch it or Keep it, with the reason and the expected saving per year.
- 3
Before you buy a replacement, open Buy or lease and enter the vehicle price, the comparison period, the financing and the lease payment.
- 4
The calculator shows the total and monthly cost of each option, and which one works out cheaper.
Tip
The sale value on the page is an estimate close to the book value. The market price varies with condition and mileage.