Just purchased a 2005 Ford Escape from family and now my husband and I are deciding which of our older cars we should sell.
My car is a 1996 Saturn SC1 (2 door sports coupe) with 60k miles on it. My husband’s car is a 2002 Hyundai Accent GL (4-door sedan) with 100k miles. We plan on keeping the Escape for mostly highway driving and using either the Saturn or the Hyundai for local commuting (10 mile round trip to work or 20 minute drive across town type of thing). Neither vehicle has any major issues going on with it. The Saturn has been used mostly for local commuting and the Hyundai is used for local commuting and highway driving in the past. Both cars have been having scheduled oil changes based on mileage.
Looks like the Hyundai would sell for $1000 more than the Saturn If I attempt to keep either car for 5-10 more years (5k local miles put on each year) which scenario would most likely be financially better for us?
Any thoughts or guesses appreciated.