Originally Posted by
senwar
Due to the current problems with new car orders, the used market is booming (or crazy!). I actually have a car on order that I've got an ETA of March 2022 on.
My current vehicle is being valued at only £750 less than I paid new in November 2020 (XC60). In view of this, I just think it makes sense to sell now and buy a run around for 6 months or so. My thinking is sell my car high, buy a car at sub £3k with my belief that if I kept the XC60 6 more months, I'm likely to lose a lot more than £3k (and potentially the market may crash) - and the £3k car would still be sellable if I do this so perhaps say I get £2k back for it, I'm a lot better off.
Does anyone have any thoughts on how long this market will stay as is? I love my car, but to only 'lose' £750 in 11 months means this has felt like pretty cheap motoring and therefore a bit of a no brainer to sell.