Used car prices...

COVID hit and car buying changed. New cars were in short supply with no new inventory to replenish stock. Used car prices shot up where cars coming off a 3-year lease are selling for the same price is new.
One day I'm reading that's all going to change and another day I'm reading this inflated car prices isn't going away anytime soon.
I'm getting messages from the dealer where I bought a few years ago... they want to buy back my car. I'm just out of warrantee and have been toying with the idea of something slightly larger. In doing so, I'll miss having a car that gets around 35 miles per gallon.

I keep shopping, but nothing interesting has jumped out to get my attention...
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Comments (4)

I would wait til there are enough used EVs in dealers' lots to see how they hold their value, or not.
That's a whole different market, isn't it?
The cost of replacing a Tesla battery is high. Most people I've known to have one do a lease so the problem becomes someone else's.
hmmm you've given me an idea. I'll sell my car and lease an EV. But don't we lose the fed income tax break if you lease an EV? I have a 2015 audi qt 3.0 tdi with ~73k miles on it which I would like to sell if anyone is looking.
Google EV tax credit.
Some qualify for $7,500.
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chatillion

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created Feb 2023
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