I have an old 4WD Station Wagon that still looks and goes okay, but it is bigger than I now need. Most of my motoring is from home to the shops and back, with occasional longer trips and hardly ever any big load. I was thinking of downsizing for lower running costs and also thinking that if I bought a smaller one for the sale price of my big car, I could get something newer. What else should I be considering in this plan? Margaret W.
Your logic sounds good, but there are no certainties in the outcome. Some big old cars hold their value very well, while others become almost unsellable at a fair price. You might have to discount considerably, and will struggle to get a substitute for the same price, even if it is smaller.
