To keep or not?

My wife has a Peugeot 308 HDI 110 Sport with 50,000 miles on the clock. It is on a lease but we have the option to make a final payment of £4,400 to keep the car.

I'm tempted to make the final payment and run it for a year or so and then sell it on. The car has been no problem, is economical and cheap to run.

Should we keep it for a year or so or let it go?

Asked on 1 February 2012 by Kentwhite

Answered by Honest John
See if it's worth the money by checking www.honestjohn.co.uk/used-prices
Tags: valuations
Similar questions
I purchased a BMW X3 2019 model in Jan 2023 and it has developed issues with its brake discs. I have given the dealer four opportunities to repair but they have not been able to. I have now rejected...
I own a 2016 BMW 750i with every conceivable extra - new price £81,915. The car was owned by Francis Rossi from new to my purchase in September 2020. Car is in as new condition. Glacier silver metallic,...
What do you predict will happen to used ICE cars values when EVs are compulsory new? Will values of good condition small ICEs ramp up or will they drop? We've only got 5 years (80% must be EV) and 10 years...