Should I talk my mother in law out of this?
Discussion
My MIL owns a 2008 Honda Civic 1.4 petrol with just 32k on the clock that she has had from new and always serviced on the button at Honda.
During the service she spotted a brand new blue Civic 1.4 diesel and was offered 6k trade in and a balance of 11k to pay to change. The reason she wants to change is that she doesn't want to lose anymore money on it in depreciation.
Obviously she doesn't do a lot of miles and she isn't a car lover really, just an a to b type owner. An example of this is the trip computer has the same mileage as the odometer (no idea how to reset) and I am pretty sure she doesn't understand all the Eco lights that appear at a certain rev range.
So, should I talk her out of it? Yes, it's her money but she has taken the big hit already, chucking another 11k into the mix will just leave her in the same situation in 5 years time but without 11k in the bank. I just don't feel that she is spending her hard earned cash for no benefit.
Am I right or should I leave her to her own devices?
During the service she spotted a brand new blue Civic 1.4 diesel and was offered 6k trade in and a balance of 11k to pay to change. The reason she wants to change is that she doesn't want to lose anymore money on it in depreciation.
Obviously she doesn't do a lot of miles and she isn't a car lover really, just an a to b type owner. An example of this is the trip computer has the same mileage as the odometer (no idea how to reset) and I am pretty sure she doesn't understand all the Eco lights that appear at a certain rev range.
So, should I talk her out of it? Yes, it's her money but she has taken the big hit already, chucking another 11k into the mix will just leave her in the same situation in 5 years time but without 11k in the bank. I just don't feel that she is spending her hard earned cash for no benefit.
Am I right or should I leave her to her own devices?
No good comes out of giving advice on cars.
If it needs work doing in the near future you'll get the blame for it (never mind if that would still work out less than the depreciation on new).
Most women just don't get cars. I'm surprised she has it serviced.
If you really want to do her a favour give her the trade in price and sell the car yourself for a profit - then take her out for a nice dinner.
If it needs work doing in the near future you'll get the blame for it (never mind if that would still work out less than the depreciation on new).
Most women just don't get cars. I'm surprised she has it serviced.
If you really want to do her a favour give her the trade in price and sell the car yourself for a profit - then take her out for a nice dinner.
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