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How much is my S-Max worth and should I keep it?

Hi guys,

I have a one-owner 2008 Ford S-Max 2.0 TDCi 140 Auto Titanium spec with 75,000km on the clock and wonder at approximate trade-in value? I see a wide variation in asking prices on the web. I am wondering if I should look to change it this year or next, or should hold on as it is a good car but don't want to be left with something worthless in a few years time.

Thanks,

Andrew

Filed under choosing used car - Asked by Andrew Kelly (Limerick) - Tue, 17 May 2011 11:35


Answer

Hi Andrew,

That is quite an unusual spec S-Max that you have and as such it is reasonably difficult to price it because there are lots of basic spec 1.8-litre diesels around with manual transmissions. If you were selling that privately I think you would want around €18,500 for it though you'd probably get around €17,000-€17,500  if you traded it in.

Once that car starts to creep towards 100,000km the value will drop quite a lot, so bear that in mind. But the thing is, what would you be replacing it with anyway? I would probably think of upgrading to a newer one if you are in that frame of mind and can afford to do so, because it is probably at its most valuable now as the mileage is reasonable.

It is a lovely car though and it will be costly to get another at that spec. I guess you need to sit down with the calculator and figure out what you can afford. You might need about €14,000 along with your own to get into something similar in a demo model 2011 car.

I hope this helps!

Answered by: Complete Car Adviser

2 responses

I think the sane thing to do is to keep a hold of your car - and just keep it well serviced. It still has relatively low mileage so will still be worth a few quid in a couple of years. Hold tight I reckon.

Posted by Paddy Comyn (Drogheda) - Tue, 17 May 2011 18:04:11

Thanks for the info. I paid €45,000 for the car in 2008 so the depreciation has been huge. I went on the Ford configurator and a new one equivalent is still up at about €45,000. If I hold on a year or two I can't see it depreciating at the same rate surely?

It is a great car anyway and really can't think of another mpv that offers the same drive and space, or do you have other suggestions? Thanks Andrew

Posted by Andrew Kelly (Limerick) - Tue, 17 May 2011 17:04:53