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Not sure if best to post here
Posted on 1/7/25 at 2:16 pm
Posted on 1/7/25 at 2:16 pm
Ok so I have a 2019 Subaru crosstrek that has 57k miles on it, not sure if I should sell it out right and then lease or trade it in and lease. What should I do y’all?
Posted on 1/7/25 at 2:30 pm to Richleau
You'll get more money selling it as a private owner but will have to deal with tire kickers and other time wasters. If you trade you'll get less than what its worth from the dealership because they need to make money too.
I would try and sell it first and if it becomes a hassle trade it in.
I would try and sell it first and if it becomes a hassle trade it in.
Posted on 1/7/25 at 2:54 pm to Dolphinepride
quote:
You'll get more money selling it as a private owner but will have to deal with tire kickers and other time wasters. If you trade you'll get less than what its worth from the dealership because they need to make money too.
Agree with this completely…just basically depends on how much trouble you are willing to go through for 5% or 10% return on your trade.
Posted on 1/7/25 at 3:19 pm to Richleau
You could donate it to a lesbian's charity.
Posted on 1/7/25 at 4:20 pm to Richleau
quote:
Ok so I have a 2019 Subaru crosstrek that has 57k miles on it, not sure if I should sell it out right and then lease or trade it in and lease. What should I do y’all?
You will always sell for more at a private sale.
If you do go the dealer route, make sure you know it's 2 completely different transactions (no matter how much the dealer tries to combine the two). Negotiate the price of the vehicle first to something you agree too, then negotiate the trade in.
You can also get a quote from Carmax to see how much they would buy your car for and maybe use that as a starting point with the dealer. If they don't agree to it, then you can always sell to Carmax.
I know two people that have sold to Give Me The VIN so that may be an option for you as well. They really liked the process of working with them, but those were older/specialty vehicles so YMMV.
Posted on 1/7/25 at 6:13 pm to Richleau
That depends on your situation:
Is your vehicle paid off?
Do you plan to sell because you no longer need to commute for work/other things?
Are you in debt? Possibly consider lowering your coverages to reduce your bills.
Do you just want a new vehicle because you like new cars?
Leasing is only a good option if you like having a new car every few years. Low mileage use and keeping it in good shape, turn it in when done, get a new vehicle. Personally, I'd prefer to keep my car as long as I can since it's paid off. Regular maintenance and driving like a not-crazy person.
Is your vehicle paid off?
Do you plan to sell because you no longer need to commute for work/other things?
Are you in debt? Possibly consider lowering your coverages to reduce your bills.
Do you just want a new vehicle because you like new cars?
Leasing is only a good option if you like having a new car every few years. Low mileage use and keeping it in good shape, turn it in when done, get a new vehicle. Personally, I'd prefer to keep my car as long as I can since it's paid off. Regular maintenance and driving like a not-crazy person.
Posted on 1/8/25 at 12:11 am to Richleau
Sell it outright. If you would have leased it, what would you have now?
Posted on 1/8/25 at 10:17 am to BigBinBR
quote:
You will always sell for more at a private sale.
Someone sells privates?

Posted on 1/8/25 at 11:03 am to Bayou
If traded in the sales tax will be based on new vehicle cost minus trade in cost.
This post was edited on 1/8/25 at 11:41 am
Posted on 1/8/25 at 11:35 am to rodnreel
quote:
If traded in the sales tax will be based on new vehicle cost minus trade in cost.
You should definitely consider this in evaluating total cost of each transaction. Try going onto sites that tell you the trade-in value versus the private party values and then doing some testing. Ask a dealer what they will give you based on the premise that you are just thinking about trading it in. Shop it to multiple dealers, etc.
If you really want to save money, then keep driving what you have and save/invest the car note money until you need to replace it.
Posted on 1/8/25 at 2:27 pm to Richleau
Why do you want to lease?
if you bought your car in 2019 you average 11,400 miles per year.
You would be under the limit that is usually standard on a lease but unless I'm looking at a really high end BMW or Mercedes, I would never lease (this sounds like an absolute, but it isn't. Might be other situations that I might but I haven't seen any of them in my life).
if you bought your car in 2019 you average 11,400 miles per year.
You would be under the limit that is usually standard on a lease but unless I'm looking at a really high end BMW or Mercedes, I would never lease (this sounds like an absolute, but it isn't. Might be other situations that I might but I haven't seen any of them in my life).
Posted on 1/8/25 at 4:23 pm to bbvdd
It's just a cheaper option is all.
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