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The Water Cooler
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More vehicle woes. <sigh>
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<blockquote data-quote="Shoot Summ" data-source="post: 3589761" data-attributes="member: 1055"><p>Glad you are having a great trip, and enjoying some time off.</p><p></p><p>I buy new cars, so I support your direction, timing is everything though, I would wait until things settle down. There is a lot of inventory that will hit the market when this settles down, pricing will be better, and brand support of low interest or no interest financing will be abundant(IMO).</p><p></p><p>Beyond that you might sniff around and see if you know anyone that is getting close to the end of their lease on a similar vehicle. Those '18 models likely a very low residual value on them, you could buy out someone's lease with a little kicker for them, and still come out ahead. I know of 2 examples of people that the current value of the car is much higher than the residual. Neither one of them is inclined to mess with it and will like just hand them back to the dealer.</p></blockquote><p></p>
[QUOTE="Shoot Summ, post: 3589761, member: 1055"] Glad you are having a great trip, and enjoying some time off. I buy new cars, so I support your direction, timing is everything though, I would wait until things settle down. There is a lot of inventory that will hit the market when this settles down, pricing will be better, and brand support of low interest or no interest financing will be abundant(IMO). Beyond that you might sniff around and see if you know anyone that is getting close to the end of their lease on a similar vehicle. Those '18 models likely a very low residual value on them, you could buy out someone's lease with a little kicker for them, and still come out ahead. I know of 2 examples of people that the current value of the car is much higher than the residual. Neither one of them is inclined to mess with it and will like just hand them back to the dealer. [/QUOTE]
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