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My lease is up on my 2018 Crosstrek next month. Got a good deal at $274/month.
I can sell it (to Carmax etc.), trade it in, or buy/finance it at the agreed upon rate in my contract. The residual amount is at around 17k.
Would prefer a new car, but from what I’ve seen there are very few incentives right now for both buying and leasing new. Is this true?
Should I buy/finance my car at the residual value in my contract and wait for market to cool (year or more?), or is it still worth buying/leasing new right now?
Clearly, if I bought my leased car, I’d be buying it well below what I could get for it if I sold it to Carmax. I work remote, and won’t technically need a daily car, and can share my gf’s, but I don’t see an end in sight for the supply chain issues yet. Not sure the best course of action here.
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- 3 years ago
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