Dealing with FOMO

[crabmoney]

My current lease matures mid-January, but I can do an early turn-in this month without penalty (i.e., without paying the final month).

There’s a decent deal on a 2023 etron GT. I don’t adore the car—it’s cool, but I’m not lusting after it. But it’s a decent deal relative to other cars in its price range, and I worry that if I wait, there will be no similar deals on comparable vehicles (luxury sports sedans / sports cars) within my budget (I do not want to spend more than $1,300/mo tax included).

How do you decide whether to pull the trigger on deals just because you’re worried you’ll be priced out of everything if you sleep on it?

Sorry if this is too general / vague a question. I’m not generally a super anxious person, but this is monopolizing my mind.

[DailyDriven]

Find other things in your life to spend your physical and mental energy on instead of FOMO.

Get the best deal you can on the car you like and move on. You only live once and worry will eat you alive.

[crabmoney]

I’m not enamored with the GT—I only like it because it’s a bargain at the moment. So I’m leaning towards rolling the dice in January and potentially losing out altogether. But that is what my gut says right now.

[Andrew617]

There will always be another deal …

[jananth1]

if your lease matures in january, it makes sense to start looking for a new vehicle this month. I’d target towards the end of the month, as I’ve seen ridiculous discounts on various vehicles every year (even during the COVID bubble) as we get in the last week of december

[crabmoney]

Ah, thank you. For some reason, I assumed all the December deals were set on 12/1 and would not change as the month progresses.

[jananth1]

the basic information does, such as RV and MF, but of course dealer discount is variable. Do some research on what vehicles you’re interested in, and plan accordingly

[max_g]

@crabmoney

My current lease matures mid-January,

January hasn’t historically been a good month. I’d rather sign something by 12/31.

Generally speaking you’re better off choosing quarter ends if you have the choice rather than the start.

[max_g]

@crabmoney

There’s a decent deal on a 2023 etron GT. I don’t adore the car—it’s cool, but I’m not lusting after it. But it’s a decent deal relative to other cars in its price range, and I worry that if I wait, there will be no similar deals on comparable vehicles (luxury sports sedans / sports cars) within my budget (I do not want to spend more than $1,300/mo tax included).

Let’s be honest, we are all a little biased based on the deals we see shared here, which makes it really hard to recommend a car at a price well above its “LH price”. But even after taking that into account, I don’t think any of the many Etron GT lessees here will tell you it’s a $1,300 a month kinda car, even if tax is included.

Especially when flash sales appear every now and then on it and similar cars. Saw an EQE500, for example, for around half that today somewhere in the Marketplace

The point here isn’t to get into the weeds of which car does what better. It’s about relative cost and diminishing returns. Maybe there’s reasons why an Etron GT is a better car but there’s literally no way it’s twice as good.