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To trade or not to trade?
Was wondering if the folks at Edmunds might have an opinion on my dilemma.
I have an '06 CR-V EX that, aside from a couple of recalls, has been absolutely trouble free. I drive about 7,000 miles a year. I use the car recreationally, not for work.
I was curious as to what I could get for the vehicle if I wanted to trade it in. Last week, I took it to a couple of dealerships. One dealer is offering $13,000 (I bought it for $23,000) plus invoice price on a 2011 AWD CR-V EX.
I can swing the payments, which would be about $60 more a month than I'm paying now. But I don't NEED a new vehicle.
However, when will the resale value of my '06 ever be higher? And when will I ever see a new EX for, essentially, half off (MSRP is $24,255) and at invoice price?
Is this deal too good to pass up, even for someone who doesn't drive as much as many people do?
Thanks if you have any thoughts!