Quote:
Originally Posted by equ
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.
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Agree that the offer will drop and probably soon.
OTOH, If I'm looking three months out, it's kind of hard to see the car being worth much less than $14k (and if it is, everything else in the world will probably have me less inclined to buy a new car at all).
If I sell it now, I "save" $3k in comparison. Between everything involved, I suspect getting a temp car for three months will cost me $2500ish and add some non-$ intangibles. At that point, I think I'm better off sticking with the Camaro right now. I think. Not 100% sure.
No job security considerations in play. (One of the very good things working for who I work for.)
It's a weird and interesting time from the car purchase perspective.