Monthly payment with tax is 468.
I have around 15 months left.
Pay off of the car right now is 31,600 roughly.
Carvana is offering me 29,500.
Does it make more sense to sell the car and bump into something at a better monthly rate? I’d have to cover the different obviously, but I’m wondering if it makes more financial sense to jump into a vehicle that’s under 400 a month (preferably under 350) by taking this deal.
Anyone have any experience jumping out of leases on a car this early?
No it doesn’t make sense to get out. You would still paying $2,100 or about $140 a month for the remaining payments. And your into year 3 depreciation on that car for excise tax. Just take your lumps and get through it unless you have a severe mileage issue.
You should drive your A4 for another 15 months and shop for a cheaper car after. I wouldn’t just focus on the monthly payment. Also consider the value. Some people drive a civic for $350 and some people drive a 330i.
