We are looking to buy a new Mitsubishi Pajero Sport GLS in white. As this car comes with five years warranty, when do you think would be the best time to sell the car? It would probably do between 10,000-15,000km a year.
The best time to sell depends on you. In five years, you will have travelled less than 75,000km. Under Australian Consumer Laws, manufacturers are required to support owners outside of the warranty period if any component fails as a result of a manufacturing defect. What matters is not the warranty but the reasonable life of the component that failed. That's what the law says - since it was changed on January 1, 2011.
So if the car is properly maintained and low on kilometres, and (say) the transmission failed, then you’d have a solid claim under the Consumer Guarantees to require Mitsubishi to fix it or replace the transmission for free. (Most people do not know this.) Of course, if you abused the vehicle, or if you neglect it by not getting it serviced, it's your problem. So I’d be keeping the scheduled maintenance up to it, and own it for maybe 100,000-120,000km, unless there’s a good reason to dispose of it earlier.
The value is unpredictable, but SUVs are popular in general, and I’d be using the rule of thumb here, which says cars lose about 30% in 3yrs and 50% in 5yrs. That’s probably pretty close - but nobody has a crystal ball here.
Some SUVs are made for the bush, or heavy towing, and some are little more than de-facto family transport. What's best?
People buy SUVs to move people. It's a popular thing to do. But perversely there is an altogether better class of vehicle for moving people. Click here for more.
There are - literally - dozens of SUVs available today. How do you narrow down to a reasonable short list comprising the elite options?
After reading horror stories about panorama glass roof failures online, the big question: Should I buy one? How real are the reports?
SUVs come in all shapes and sizes - with different orientations, too. Some are hardcore offroad capable, and some aren't. Which one is right for you?
Scores of SUVs from dozens of manufacturers - who can all offer 100 reasons why theirs is the best. What's the right - future proof - SUV?
With 30-ish SUVs on the market - and every manufacturer alleging theirs is the best - how do you avoid the lemons and make the right choice?
With highway cruising on your agenda, what are the bets long-warranty, affordable diesel SUVs best suited to eating up highway kays?
SUV versus people mover - the ultimate showdown between fashion and practicality. This one really is a battle between the head and the heart.
Choosing the right seven-seater SUV is a big decision - follow one such owner through the maze, before and after purchase.
Kia Carnival and Kia Sorento are two of the market's best 7+ seaters on objective consumer criteria - here's why.
Two different cars and a tight budget: How negotiable can the price really be when the car dealer tells you there's "no discount"?