Volvo XC90 - hold or sell?

tominmaine
Sun, 24 Oct 2010 18:17:08 +0000
Maintenance/Repairs

I have a 2005 Volvo XC90 T6, with a almost 108k miles.

This model has a history of transmission failure, and indeed my car had its first transmission replaced at 60k, when it was still under warranty. I was told this would have been about $7,000 if I’d had to pay for it myself.

I still owe about $7,000 on the car, but I think I could be all paid off in about 6 months. By this time I would probably be at about 120k miles.

I estimate the trade in value to be about $8,000-10,000, and I really want to pay this car off fully before looking for a replacement, but if the transmission goes again, I’m going to be stuck with it a while long before everything is paid for.

Is it time to bail on this car while I still can?

6 posts - 6 participants