Take 7k equity or buy and hold?

Hey guys, I’m in Southern California and my lease is up on 2018 Audi Q5.

It looks like I can get 7k equity through AutoNation.

Debating whether to take that (and bite the bullet on the new car market), or to buy my own lease out and wait for things to cool off a bit?

Since I’m in California, if I buy my lease that’s immediately $2,300 sales tax off the table. If I go with autonation now then I keep that.

Better to take the 7k and buy/lease a new car with a bad deal? Or buy my lease, immediately lose 2300 and take my chances later on?

4 posts were merged into an existing topic: .00284 MF seems insane? Should I finance instead?