Watch five signals
Book value against market price, accumulated mileage, a rising maintenance and accident cost, falling utilization and any upcoming expensive service.
Look at profit, not just age
A newer car that sits idle can cost more than an older busy one. See vehicle profitability.
Run the sale properly
Collect several buyer offers, accept the best one and post the gain or loss against book value. See vehicle disposal.
Plan the replacement
Compare buying and leasing the next vehicle.
Frequently asked questions
Is there a standard replacement age?
No. It depends on the model, usage and local resale market.