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Should I sell or ke...
 
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Should I sell or keep recently bought car?

  

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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?


2 Answers
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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..


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If you can break even or close, I'd sell it.


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