Which car to keep?

[rich12]

This is a boring one so apologies but my brain is hurting for some reason over this.

My wife currently has a Volvo V90 on a 24 month lease with 12 months left.
It's £318.40 a month, averaging around 21mpg and doing about £200/month in fuel.
To get out of it, it's 50% of the remaining payments (£1910). No damage or extra miles to worry about..
It is due a service but not sure if I need to account for that and if so at what cost.

Im really not bothered by this car and neither is she.

I have a 2016 Golf which I will use as my rubbish weather daily and she would have my Seat Leon instead of the volvo.
The Leon will do circa 30mpg and is £235/month.
The Golf is £150/month and will be way better on fuel than either of the other 2 with my commute.

I suppose what I'm getting at is if we got rid of the volvo and just had the Leon and golf, is it actually worth doing.
I'm just a bit sick of paying over £500/month for her car when all it's used for is the school run and shopping.

Did any of that make sense?

[Xcore]

Why do you have a golf AND a Leon?

[rich12]

I bought the golf for someone last year and got it back yesterday.

[ZX10R NIN]

If you already have a car & you're not fussed about the Volvo then I'd say getting rid is the best option.

[Harji]

You bought a V90 for a school run and shopping? A bit of overkill ?

[eltax91]

Thought about sticking the Volvo on one of those lease take over type sites? You never know, someone might take it off your hands.

[Cloudy147]

If I've read that right, you have an expensive car that you don't like, want or need.

Therefore, get rid of it. The rest is inconsequential really.

[rich12]

eltax91 said:

Thought about sticking the Volvo on one of those lease take over type sites? You never know, someone might take it off your hands.

I was under the impression that it had to be taken over by a Ltd Co?

It was one of those 'cheap' lease deals and needed a car but didn't for one minute think we'd be averaging 21mpg over 6,000 miles.
It's only why I have this chance before I sell the Golf to decide what to do.

Bt the time I've paid the cancellation cost, I don't think it'll be a massive difference over the year but just wanted to make sure my math was right.

[rich12]

Cloudy147 said:

If I've read that right, you have an expensive car that you don't like, want or need.

Therefore, get rid of it. The rest is inconsequential really.

You are correct, I think I'm just thinking purely that I'm going to have to pay £2k just to get rid of it and not of the overall cost.

[lord trumpton]

Get rid of the volvo and enjoy being better off financially

[Cloudy147]

rich12 said:

Cloudy147 said:

If I've read that right, you have an expensive car that you don't like, want or need.

Therefore, get rid of it. The rest is inconsequential really.

You are correct, I think I'm just thinking purely that I'm going to have to pay £2k just to get rid of it and not of the overall cost.

Aye. I haven't done the maths but I would expect that in nearly all scinareos, keeping it longer will be more expensive than selling it sooner - especially as you already have other cars that can take up the reigns imediately which are being paid for regardless.

Good luck with your decision.

[rich12]

Thanks.