So I bought a CPO 2021 BMW 530e in February with 17k miles and had it since. I don’t drive much, only put 4k miles on it since, and paid about $47K (which seemed like a good deal at the time) and put $5k down. I also did a 72 month lease, and definitely don’t think I’ll want the car another 5 years.

I’m worried the car market will keep tanking and got an offer for essentially my exact Loan amount of $37.6K from vroom, so essentially I’ll paid off the loan, but have technically spent $5k plus 7 payments ($10kish) to own this car for 8-9 month which seems stupid, but again, maybe better to sell now then potentially lose more later?

Let me know your thoughts, would greatly appreciate it.

  • TLOtis23@alien.topB
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    1 year ago

    You might want to get a quote from CarMax. They typically offer decent money.

    But if you ask me, I don’t think it would be worth getting rid of the car at this point. 10k is a lot of money to lose, as opposed to keeping the car and enjoying it.