Apologies in advance for the longish post but I was wondering if I could ask for some views please?
My wife and I currently have three cars between us. A little indulgent you might say and this is the dilemma. Should we sell one or keep all three?
They are all paid for so no finance issues other than ongoing upkeep costs.
I am self-employed and the nature of my work is such that I need to do about 40k miles a year self financed and need a large estate type car to carry all the kit I need. My wife works full time and needs a car for her 35 mile a day commute.
The current "stable" is as follows -
Vauxhall Signum 2.2 petrol Direct Design 53 plate 45k miles
Ford Mondeo Estate 2.0 diesel Ghia X 51 plate 155k miles
Ford Ka 04 plate 21k miles
While not a hard and fast rule the Signum being the "poshest" in terms of its condition tends to be used for "best" and the other two as workhorses.
The Mondeo has been a fabulous car. I have had it since it was quite young both in age and miles and it has never had a single fault. It is, however, now getting on in years and miles and may have an unpleasant surprise or two to spring on me. It is nigh on worthless which can be regarded as a positive as it can't really depreciate a great deal more.
I bought the Signum earlier this year because it seemed like a bit of a bargain but of course they are even cheaper now. It is also a very good car and with the fuel price differential doesn't cost any more to run than the diesel Mondeo.
The Ka has been owned by us from new and has also been faultless.
Neither of us can afford to be without transport. In my case it would be very costly not to be able to travel to visit my customers and in my wife's case the lack of suitable public transport would be a major problem.
So my questions to the forum are,
Should I just carry on as I am running all three?
Should I sell the Mondeo before it lets me down and be grateful for its years of faultless excellent service?
Should I sell the Ka because that might be easier to shift and would still have some value?
Should I sell the Signum because although it's a nice car it might still be attractive enough to raise a bit of cash?
What would you do ?