Hi all,

I have a 2010 Fit Sport. ~50k miles. I would rate the condition as an 8 or 9 out of 10. No major repair issues. Annual maintenance is done regularly and I have all records. It will be paid off in August of 2015.

Is it stupid to consider trading it in for a 2015? I'm really interested in the upgrades they've made. When I got my 2010 I had planned to own it for the long haul. I was planning on 10-15 years, god willing. On the one hand, I'd be extending my debt obligation, on the other I'd be getting a car that's 5 years newer.

I would welcome any and all view points on the subject. I'm not a car expert at all. This was the first car I bought myself.

Also, is it better to wait until the 2016 release when they flesh out any issues they may have with this new version?

Thanks for your input.

 

Probably getting my 2015 within the month. Also have a 2010, but I'm not going to trade it in. It's value isn't diminishing quickly enough to warrant doing that.

If I wanted to get rid of it though, I'd sell privately. Can get $2-4k more that way.

 

The value of the second gen is probably as good as its going to get right now. With dealers trying to blow out 13's and people trading up, who know how long that will last.

 

I would trade it in for sure and I'm trading in a 2009 Pilot.

 

I would keep the 2010. No need to pay for the depreciation of another vehicle. if you buy a new car every 4-5 years you'll be making car payments for the rest of your life. your 2010 already fits everything you need from a car.

 

I would keep the car until it is paid off. Then I will think about buying a new 2016 model and selling then 2010 privately instead of trading in.

 

Keep what you have

 

2015 has new, more efficient and powerful engine, new more efficient drivetrain, lots more technology in the audio and car systems, better safety features, more room in rear seats, more flexible cargo carrying, many more standard features including the moonroof and proximity locks/ignition, higher quality interior features, and better mileage.

All at about $200 over the price of the 2013 Fit Sport.


Seems like a no-brainer to me, IF you think you want the 2015 and can comfortably afford it. If you don't buy it, you will keep lurking until you eventually get a GK in 6 months, a year, etc. Sell the 2010 now, with low miles you should get a very good price for it towards the 2015. This really is a big jump over the prior model.

You know you want it or you wouldn't have asked the question...

BTW, I traded in a 2009 Fit Sport (black) for my 2015.

 

Don't. The 2015 is a downgrade in terms of styling, too Honda generic. Power improvements if at all, won't be noticeable too much...especially with the CVT.

If you really like it then go for it, but if you're expecting some really magical car, well don't. It's not really that much of an upgrade unless you like fancy touchscreens and a generic looking Honda.

 

I was pretty much set on trading in for one. I'm gonna wait. I'd like to see the GK mature for a year, perhaps wait until 2017. I'm a little put off by the delay this year. I'd like to get one they're good at building. If it takes a year or so for that and maybe even getting some more refinements, all the better. Mean time I still have my 2012 under my ass, and there's nothing wrong with that.

 

It is only money. The 2010 will cost you less in insurance. In most states it will cost you less in license plate fees. It will depreciate at a lower rate than a new one. You will not be throwing your money away in finance charges on a new loan.

I am also leery of a new model being built in a new factory in a distant county away from their corporate HQ. If you absolutely want a new car, I would suggest that you continue making payments every month after August and bank that money. Then next year in 2016 see if this new vehicle is reliable and if you still want it.

That said, when I was young I bought a new car every 2 or 3 years so I have been there. I never financed them. If I had the money to buy what I wanted, I went and got it. If I had no money, then I drove what I had.

 

Keep it. Why trade for what I think is an ugly car? No amount of mods are going to change the front and rear look of these. If you want something newer go for a 2013 or 14 as they call them here in Canada.

Now the new Note looks like a nice upgrade to the GE. Too bad it is not a Honda.

 

BINGO! Believe me I have done this to myself many times over the years and have learned that ONCE I have thought about it I might as well go ahead and do it cause it ALWAYS costs me more later when I finally give in! LOL Plus if you wait to long they will start boasting the 2016 model and then its double pain! LOL I'm not here to give you advice only tell you my perspective of what I would do. That doesn't make it right for you, but obviously you have questions in your mind like Brian said..........you know you want it!

good luck

 

Not like brand new cars are great financial decisions anyways, if you WANT it, and you can AFFORD the luxury of getting another brand new car (2010 is pretty new), then go for it.

I doubt the fit will be redesigned any time soon either, you can always get the 2016, 2017 etc. The only advantage to waiting is to see how the new redesign does on paper/reviews first.

 

I agree as well.

 

I agree as well!

 

I had the 2009 and said that was it. Loved the car. Three years later the 2012 with navi made sense, and financially it worked out well too. I love this car and at the time I swore that's it, done for the long haul. Now once again the 2015 tempts me in a number of ways, features that I would like to have. This current style will stick for a while, but there will be improvements on it, refinements and perhaps little additions each year. Jump on the 2015 and you might be sorry you didn't let it marinate for a year or so. Since I like my Fit, it makes it easier to wait. Also, take into account the rest of your life and finances. If all is stable and will remain so, take on another five years of payments. If not, it may make more sense to free yourself of payments for a while.

 

Are you still happy with your 2010? If you are, and it's running great, and I see it doesn't have that much mileage, I'm not seeing a reason to increase your expenses. I mean, yeah, the upgrades are nice, but you probably don't need to be buying a new Fit every time they come out with a new model. I'd wait until your car is dragging you down with expensive repairs or you are unhappy with it.

This advice is coming from someone that will be trading in a 2002 Santa Fe with 20mpg that is falling apart and there is a laundry list of expensive repairs that it needs to stay running. Hence why I am getting a new car. My SUV has had a good run and instead of upgrading earlier on I saved up money and got my retirement going.

Just make the best decision for yourself, only you know what that is.

 

Waiting on the FIT ( a.k.a. City ) sedan . Read that may be available as a hybrid . That's if the FIT sedan is brought to the U.S..

 

Did someone seriously try to say the new Note looks better than the new Fit?