⭐ My car’s value has gone up. Should I sell or hold?

Do you need the money?

If yes, sell.

Do you no longer need the car?

If yes, sell.

Are you trying to make a quick buck by selling your car and buying a less expensive one?

If yes, hold. Unlikely this will work as prices of cars continue rising.

You’re most likely going to be trading one overpriced asset for another.

Unless you get lucky.

Bottom line: Don’t make stupid decisions.

The market is tricky right now.

You may not be able to replace your car at a reasonable price.

End rant.

💡

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Welcome to the Car Buyer Cheatsheet
Welcome to the Car Buyer Cheatsheet