this post was submitted on 23 Mar 2024
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The Cybertruck Flipping Frenzy Is Over. The First One Cleared by Tesla Failed To Sell (www.autoevolution.com)
submitted 8 months ago by dragontamer to c/realtesla
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[–] dragontamer 2 points 8 months ago

lease new

No. Leasing is a pretty bad deal. If you plan to own the car for 5 to 10 years, you might as well buy.

Buy used

Used cars for the last 3 years have very poor values. A brand new Toyota Corolla is in the $23k range, but a used one would be above $20k anyway. At that point, you might as well buy a new car.

Hopefully the used car market returns to normalcy (and it looks like its starting to go back to normal...) but new makes a lot of sense in the last 2 or 3 years.