So I bought a CPO 2021 BMW 530e in February with 17k miles and had it since. I don’t drive much, only put 4k miles on it since, and paid about $47K (which seemed like a good deal at the time) and put $5k down. I also did a 72 month lease, and definitely don’t think I’ll want the car another 5 years.

I’m worried the car market will keep tanking and got an offer for essentially my exact Loan amount of $37.6K from vroom, so essentially I’ll paid off the loan, but have technically spent $5k plus 7 payments ($10kish) to own this car for 8-9 month which seems stupid, but again, maybe better to sell now then potentially lose more later?

Let me know your thoughts, would greatly appreciate it.

  • Remote-Vanilla-8659@alien.topB
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    10 months ago

    Checkout the local private party market, try pricing it a couple grand less than what others are asking but a few grand higher than what vroom is offering. Also try local dealers, especially bmw, Carmax etc