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.
How do you tell which SUV will be more economical in the real world - and if you've got the cash for a new one, do you really care?
You're considering a diesel, but you've heard horror stories about DPFs and sky-high replacement cost. Here's what you need to know.
Seven-seat SUVs come in two basic 'flavours': hard and soft. Which one is right for you depends entirely on what you plan to do with it.
What's the most cost-effective and tax-effective way to buy a seven-seat SUV for my business, and how do you set that up efficiently?
Are diesels compatible with short trips, or is this a path to diesel ownership hell? What type of driving is required to keep a diesel healthy?
Two relatively sexy SUVs and one - let's face it - fairly un-sexy people mover: but which is actually best for transporting a large family?
How important is buying a car at the end of a particular month. A great deal is made of end-of-month timing, but does the month itself really matter?
If you don't know your GVM from your GCM and your ATM, or you struggle with tare weight and kerb weight, here's everything you need to know.
The facelifted Outlander is the best 7-seater SUV if you're on a budget, ushering in the company's (ahem) distinctive new 'dynamic shield' styling
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?