Submitted by Jeom049 t3_11cuwf3 in personalfinance
Ranch-Boi t1_ja5q52i wrote
Reply to comment by Jeom049 in Is this a Good Car Lease deal? Toyota Corolla LE 2023 by Jeom049
Yeah the chip shortage has definitely screwed around with the used car market. What happened to your old Corolla?
Jeom049 OP t1_ja5qhbc wrote
put 15k miles on it, made 1,500 profit on it and bought TRD Camry with a 369 payment, 72 months.
Ranch-Boi t1_ja5qndh wrote
Do you need 2 cars?
Jeom049 OP t1_ja5r1wz wrote
I traded the corolla for the Camry. Part of me regrets getting the camry as I could be payment free on the corolla now. Life changed and my vision changed. At least I have a plan, if everything goes well in the next year or so, I can keep the camry and my living situation should be way better than before.
Ranch-Boi t1_ja5rpbb wrote
Sorry I think I’m confused. Are you trying to buy a second car? Or trying to upgrade the quality of your current car?
Jeom049 OP t1_ja5sped wrote
the other part of me feels like I'm just worrying too much. If I do decide to get her something nicer I doubt a few 1-3 grand upsidedown will bother me. lol
Jeom049 OP t1_ja5sfnp wrote
this car I'm asking everyone about is not for me. my girlfriend's family is buying her a car. But I know I will get her a better one once my financial situation is better. I just hate the idea of loosing money in the future. I know eventually Before the 4 year mark I will buy her something nicer such as an audi or bmw.... Knowing how prices for cars are so high, and knowing 2 years ago you could get 4k under msrp I have a feeling I'll be upside down if I Finance the car
BrianTheEE t1_ja6tshn wrote
If you're paranoid about being upside down on your Toyota after 3 years, you're gonna be in a worrrrrrld of pain when you get that BMW or Audi past 30k miles lol.
It sounds like you've made up your mind. Choose a car to lease for 3 years, give it back to the dealer, get that beamer, instant buyer's remorse, sell it back at a fraction you bought it for, and then buy a used Corolla.
Nothing anyone says here will change your mind.
Jeom049 OP t1_ja7es3d wrote
Ok thanks
Jeom049 OP t1_ja5qoij wrote
my financial situation change a little, I'm hoping and working on making it better so that I don't have to trade it in. If I do trade it in I can probably just buy a new corolla and pay 150 a month
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