What is The Best Time to Sell a Used Auto?
Read this article to discover what is the best time to sell a used auto.
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General Motors, LLC (GM) is recalling certain 2023 Cadillac Escalade, Escalade ESV, Chevrolet Suburban, Chevrolet Tahoe, GMC Yukon, and Yukon XL vehicles. The rear suspension outer control arm bolts may not have been properly heat-treated, which can cause the bolts to break.
General Motors, LLC (GM) is recalling certain 2020-2023 Cadillac CT4 and CT5; 2021-2023 Buick Envision; and 2022-2023 Cadillac Escalade and Escalade ESV, Chevrolet Silverado 1500, Suburban, Tahoe, GMC Sierra 1500, Yukon, and Yukon XL vehicles. The daytime running lights (DRLs) may not deactivate when the headlights are on. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 108, "Lamps, Reflective Devices, and Associated Equipment."
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $9,093 |
Year 2 $4,365 |
Year 3 $4,001 |
Year 4 $3,637 |
Year 5 $3,274 |
Total for 5 years: $24,370 |
Insurance |
Year 1 $2,411 |
Year 2 $2,496 |
Year 3 $2,583 |
Year 4 $2,674 |
Year 5 $2,767 |
Total for 5 years: $12,931 |
Fuel |
Year 1 $2,229 |
Year 2 $2,295 |
Year 3 $2,376 |
Year 4 $2,471 |
Year 5 $2,582 |
Total for 5 years: $11,953 |
Maintenance |
Year 1 $670 |
Year 2 $1,454 |
Year 3 $1,273 |
Year 4 $2,151 |
Year 5 $1,328 |
Total for 5 years: $6,876 |
Repair |
Year 1 $217 |
Year 2 $440 |
Year 3 $488 |
Year 4 $620 |
Year 5 $757 |
Total for 5 years: $2,522 |
Taxes & Fees |
Year 1 $3,503 |
Year 2 $399 |
Year 3 $508 |
Year 4 $326 |
Year 5 $453 |
Total for 5 years: $5,189 |
Total for 5 years: $63,841
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Read this article to discover what is the best time to sell a used auto.
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