Quote:
Originally Posted by clyde
Meanwhile, the Carvana offer for my car (with slowly increasing mileage) has continued to creep up in recent weeks to $17,026 today.
I'm feeling kind of good at the moment for not having bought something already. As much as I want the car, making this switch right now feels less right than six weeks ago. Even if I did it, I have no where to drive the car, so I wouldn't even be enjoying the car for some time...yet paying for it. OTOH, one of the other GM incentives that may drop is no payments for the first 120 days.
I figure in a best case, the economy will take some hits in the next few months and new car sales will be problematic.
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Here go my wild guesses...
The carvana offer on your car will drop. It may not drop as much as new car $$$'s but it will.
If you have a spare car you can drive around, a month or two from now may be the time to go aggressive/contrarian and get the car you want for less. A year from now may be even better (though that's too far ahead). Is your job at risk? Probably not. Many people's living will be and the economy/lack of demand will reflect that.