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Home Personal Finance

Lease or buy? Damage control. : personalfinance

Lease or buy? Damage control. : personalfinance
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Whats up, I’ve a 2010 Mazda3 w/ 117k on it. The factor is dying, it has lifter tick and the restore will price greater than the automobile is value. I owe $6200 and if I’m fortunate I’d get $2000 for it and that’s stretching it.

Went to a Mazda seller and they’re making an attempt to get me to lease a CX30 (which I really actually like) for $550/mo (lol nope) and are saying it’s one of the simplest ways to get out of the adverse fairness.

I’ve a historical past of swapping vehicles round as properly. Unsure if leasing is the way in which to go right here or if I ought to discover one thing to finance.

A whole lot of used vehicles in my space are $20k-$28k with new being $23k-$35k relying on make. I’m simply making an attempt to maintain below a $400 cost.

crossovers primarily. Mazda, Honda, Toyota primarily. Thank yall.

*posted in r/askcarsales, in search of a selection of recommendation. It’s going to be an unpleasant state of affairs both method.



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