I got 6 quotes around LA this week, and this one is the best deal I can find. My friends in Taiwan say there is no chip shortage for cars, but yes for other things. Dealerships will go out of business now with this tactic.
There is a cheap shortage. My family works at TSM, intel, and Nvidia all in a managerial capacity. There is a GPU shortage from the TSM foundry and a general shortage of silicon. Your friends must be bsing because cars use less complex chips, but Chinese buyers have been double stacking due to a potential embargo from the US.
Yeah my dealers are beginning to lay people off due to nothing being for sale.
OP you need to do more research and read more on the forums. Used car market is a hot commodity because of the car shortage. New cars are marked at MSRP and dealers are not budging price as you already know. They won’t go out of business b/c either way they will make $ on the used car market or someone will be willing to pay their price if they need a car. Don’t be salty cause you didn’t get a good deal.
BTW: There is a chip shortage. From cars, to video cards that mine crypto, home security cameras, etc. 60 Minutes just did an interview with TSMC CEO last Sunday. Go get educated!
Im pretty sure that, accept for Bolt, Leafs (Leaves?), and the perhaps soon to be closing 4xe window, its going to soon be time for LHer’s to hibernate like fat bears getting ready to ride out a long cold leasing winter.
Sold my i8 lease for like $6000. I used to sell a tundra every 3-6 months for 2-3k when they were cheap. So yes many people used to make money on swapalease
Another thing you can do in this market is go on swapalease and ask people the buyout price and sell it after you take over the transfer, or just buy it outright and flip it. Taxes might kill that though. There’s 50 Tacoma’s on there currently. I’m sure some have a few thou in equity. If I had more time I would def do that. Tons of ways to make money in this auto market
Wholesale car club Facebook page. It was started by the guy that owns givemethevin.com. There’s independent dealers there that will match and beat Carvana vroom etc.
These guys are buying 150k super cars to flip and make $1000 off of. It’s nuts, major bubble but while it lasts it’s a good resource if you want to go around the big companies.