Hello think tank!
-Currenlty in a 22 rubicon 4xe lease with a 460/month payment. Lease terminates in March 2025.
-Hopefully the order banks open this month as I plan on puchasing the 2024 TRX. Given used car prices are starting to deflate, I am wondering if its better to get rid of the jeep now. I do have a spare car at home but up to 2-3x/month maximum, I have a scheduling conflict with the wife and am thinking I could just rent a car for those days. Even if I sell the jeep at a slight loss, I feel like I am coming out ahead given the duration of lease term remaining.
-Any other things to consider here? I know the timeline to receive the truck is open ended and it could possibly be a year wait from when I order it, but even then I would still have a year worth of payments left on the jeep and doubt there will be any equity left vs. selling for a higher loss.
Thank you in advance!