Hello Lease hacker community , to make long story short …
I have a 2019 Hyundai Senta fe limitied , I got it in the beginning of 2019 , It’s a 3 year 10k lease , and i wasn’t a part of this forum yet so i got a pretty terrible deal at the time . Got it at MSRP ( because they just came out) , and paying 520 a months for it .
For me monthly cost is a bit more important now days then upfront costs, and getting 10K was a big mistake at at the time too first year i drove way more running over miles. All thought now days 10K will be fine.
So i checked how much it costs to sell it vs how much is a buy out .
So carvana gives me $24000 ish The buy out is about $28000 right now , total loss is about $4000.
I’m pretty confident i can find a car that i want with in 250-350 range and $2000 up front , That makes total loss of $6000 if to change cars , calculating the monthly difference if to pay in worst case or $350 over 17 months, that is $3800. So total adjusted loss will be about $2200.
I got the car for my wife and at first she loved it , plus i got it for all the safety features since she was a newer driver , but now she has experience and likes sedans more and even with two kids i never ever fully loaded the car , my sedan is big enough apparently for my family …
As far as new lease this forum really helped me get a second car for lease for $250 and almost no upfront costs so i’m confident i will find a good deal for a different car we like , but i"m debating if this is a good idea, Unfortunately Hyundai doesn’t let lease transfers so that is out of question…
Is there is any better places where i can try to sell a car or any better options ?
Is it worth it after all?