I bought a used 2016 Hyundai Elantra SE (automatic) from a Hyundai dealership in NC under 2 months ago. It was around $15k and had just about 50k miles, and is in good shape. Insurance is $250 a month because I'm 19, but my Dad gave me 15k for a car. I still have rent, so I wish I watched your videos first, I just needed a cheap Toyota or Honda. Im currently trying to sell it hopefully for around the price I bought it for, and buy a new one, needing it right after I sell this one for work. What should I do, if anything?
How much are you being offered? If you break even/profit, sell it ASAP.
If you’re going to lose >$2000, hold onto it and sell it later, once you find a suitable replacement.
Can you still return it for a full refund?
I would try to sell it now but I need a car. I don't currently have any buyers anyways. And no I don't believe i can return it, it's been over a month so I don't think they'd take it back. Also thats good advice, Im kinda hoping car prices continue to go up so i can sell it to at least break even.
In Scotty’s latest video, he believes prices (inflation) will only continue to increase..
If you can break even or close, I'd sell it.