Quote:
Originally Posted by Germanauto
I'm in a conundrum. I really don't need a new car right now, I can wait another year. However, I am getting excellent trade in on my old Lexus IS, while still getting a hell of a deal on a new well-equipped Alfa Giulia (15% off despite the chip shortages). If I wait a year or even a few months, my Lex will be worth $2-3k less.
Any other new car the deals suck. BMW 330 I'm getting numbers significantly higher than Alfa Romeo.
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I am the OP who started this thread. I am glad this thread attract much attentions and discussions.
Glad to see you are in good position to afford a new car.
Nobody can tell you what to do. I just can give you pointers in making decision:
1. You get good deal for both your trade in and new car.
2. Is it likely your Lexus will be valued the same price next year? Most likely not.
3. Is the new car will be the same price next year? Maybe not.
4. Will you be better off with the new car than older car? You know the answer.
5. You know your financial well. So, can you afford the new car if the worst happen in the near future?
Best of luck.