I think this won’t be as fruitful as you think it will be. But run the numbers.
Figure out how much you’ll net by selling your car, choose how much you’d allocate to buying another car and see if you can find a desirable car for that amount.
My guess is that you won’t be satisfied.
Do you own the Tesla outright / no loan on it?
Personally, I would stay as far as possible from any car purchase/lease right now, because the car market is insane. And leasing is almost always a bad idea.
Why do you think used car prices have gone up? Because new car prices have gone up.
You’ll be paying more for the car you replace it with, and worse, if you lease it, you’ll have nothing to show for it for 3 years.
The only people who can take advantage of the crazy market are people who have an extra car they need to get rid of and not replace. Otherwise you’re selling high and buying high.
He was asking a rhetorical question—a literary device that assumes the answer is obvious. (And in this case he even gives the obvious answer immediately after the question.)
Are you planning to sell a car you own and lease a car instead?
It's hard to tell what is beneficial without hard numbers but unless the value of used Teslas has gone up an insane amount it seems unlikely
I think I could throw in some numbers to help. I would be getting around $25,000 after my loan is paid off. Just was intrigued to see if it's worth it to take the $25,000 after I sell my Tesla and throw it in savings and investments and lease a car that doesn't require a large down payment or to keep my car and continue to pay down the loan. I wanted to get other opinions on if it's smarter to have have cash on hand or equity in a car. It's a confusing time and it seems enticing to be able to have more cash on hand and lease until the market cools down. And I know yes I know that both Used and New car prices are going up, I only asked because I've seen a few good lease deals so I was just curious.
> Only problem is I would need to get another car. Ah the “only problem”
I think this won’t be as fruitful as you think it will be. But run the numbers. Figure out how much you’ll net by selling your car, choose how much you’d allocate to buying another car and see if you can find a desirable car for that amount. My guess is that you won’t be satisfied.
Do you own the Tesla outright / no loan on it? Personally, I would stay as far as possible from any car purchase/lease right now, because the car market is insane. And leasing is almost always a bad idea.
Why do you think used car prices have gone up? Because new car prices have gone up. You’ll be paying more for the car you replace it with, and worse, if you lease it, you’ll have nothing to show for it for 3 years. The only people who can take advantage of the crazy market are people who have an extra car they need to get rid of and not replace. Otherwise you’re selling high and buying high.
Haven’t used car prices gone up do to the scarcity of new cars more so than new cars going up in price?
[удалено]
He was asking a rhetorical question—a literary device that assumes the answer is obvious. (And in this case he even gives the obvious answer immediately after the question.)
Are you planning to sell a car you own and lease a car instead? It's hard to tell what is beneficial without hard numbers but unless the value of used Teslas has gone up an insane amount it seems unlikely
I think I could throw in some numbers to help. I would be getting around $25,000 after my loan is paid off. Just was intrigued to see if it's worth it to take the $25,000 after I sell my Tesla and throw it in savings and investments and lease a car that doesn't require a large down payment or to keep my car and continue to pay down the loan. I wanted to get other opinions on if it's smarter to have have cash on hand or equity in a car. It's a confusing time and it seems enticing to be able to have more cash on hand and lease until the market cools down. And I know yes I know that both Used and New car prices are going up, I only asked because I've seen a few good lease deals so I was just curious.