Got about 11 months left on current 2019 Kia Sorento LX AWD lease that I’m paying $329 a month ($0 due at signing) for right now. Carvana’s most recent offer puts me at $6k in positive equity but I’d need to replace it with something similar vehicle wise – i.e. third-row – and hoping to keep payment…

No doubt you should sell it now. Positive equity with a dirty carfax? Grab that check and run.

Agree with others, definitely take the equity check option. If you need another car immediately, leasing another 2022 might work out as well given the 6k equity you get, financial wise.

Thanks everyone. There seems to be a consensus that selling now is the best option. I’m going to the dealership to sell the car this morning, but I wanted some reassurance that I wasn’t doing something stupid. Given the current lease market condition, I was actually considering financing my next c…

I think Nissan is…for certain models…0% even for 72 months

Subaru has some special financing. Website has both 0 and 1.9 but don’t specify length. I got 1.9 for 72 mos on my WRX last month. Honda has 0.9/1.9/2.9 for 48/60/72.

Get an estimate online for your car: [image] List of places to sell or value your car online Wiki For the quickest results: Copy your VIN to your clipboard and just paste it into each site. Quicker than plate lookup. Enter “I own the vehicle” where applicable — you …

Depreciation is going to be a way larger expense than finance charges. Don’t tie yourself to a rapidly sinking anchor like a Ford Explorer just for the attraction of 0% APR. Don’t lose the forest through the trees.

[image] joshash1102: I think Nissan is…for certain models…0% even for 72 months Yep. But only on the Leaf I think. Dodge and Chrysler has 0%/72 on some of their models too. FinanceHackr. :slight_smile:

If it were me, I would take the equity and set it aside (not a down payment) to apply to a new lease on a ‘22 CX-9, since you like the car. Your payment will likely be similar or lower to what you’re paying now considering the equity applied and you’ll have loyalty. Then in 3 years the market may ha…

No equity on my 2018 340i msport $56msrp and 35k buyout only 23k miles Not sure what to do as there are no good leases in a similar class (not even 330i good lease despite loyalty and year of the tiger OL rebate) Anything similar to a 330i that retains its value well or should I just buy out the 3…

Positive equity and replacement options in the current market

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GeminiRam February 10, 2022, 4:39pm 442

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