[Tbone]

I'm ready to buy a new or used car but with prices being so high lately, how have you been able to save money?

A Rivian is still on my radar but I'm looking to get a generation BMW 3-Series for now.

Your options are overpay or wait for the market to correct.

 

[Sultanum]

I am the opposite. I am considering selling my car and waiting for the Rivian!🤣

I think if I had to buy a car now I would buy a cheap car. Overpaying 20% on a 10k car is just 2k as opposed to 12k on a 60k BMW. Then once the market is better you can trade in.

 

[ERivTruck]

Not sure how a Rivian R1 is in the same ballpark as a BMW 3 series. That is like looking from apples to refrigerators.

 

[paxton62]

I sold my 2018 camaro zl1 because they offered me stupid $ for it. Waiting on my RT1 now. Waiting is so damn hard. I even went and test drove a TRX and was interested until they started the Market correction price add of thousands of dollars.

 

[JimmyEV]

I sold my 2018 camaro zl1 because they offered me stupid $ for it. Waiting on my RT1 now. Waiting is so damn hard. I even went and test drove a TRX and was interested until they started the Market correction price add of thousands of dollars.

Welcome to the forum @paxton62! Since you sold your Camaro what are you currently driving? How did you spec your R1T?

 

[paxton62]

Welcome to the forum @paxton62! Since you sold your Camaro what are you currently driving? How did you spec your R1T?

my wife's prius..... 😥 I got the 400 mile pack, full size spare and off road upgrade......left it silver for now......thats it........how about you?

 

[JimmyEV]

my wife's prius..... 😥 I got the 400 mile pack, full size spare and off road upgrade......left it silver for now......thats it........how about you?

2014 CR-V. Not flashy but has gotten the job done.

 

[eHauler]

my wife's prius..... 😥 I got the 400 mile pack, full size spare and off road upgrade......left it silver for now......thats it........how about you?

Welcome to the forum @paxton62. What model year and trim is the Prius?

Good call on selling your Camaro now while used car prices are incredibly high. Did you compare what you got for it to what you would've got last year or the year before?

 

[Mr. Gee]

The only correct answer is "by not buying a new car." Buying used within warranty is the best option although given the current volatility in the market, waiting is the best option.

 

[eHauler]

The only correct answer is "by not buying a new car." Buying used within warranty is the best option although given the current volatility in the market, waiting is the best option.

That's what I am starting to realize. Or buy a new car and hold onto it long enough for the time value to play its part.

 

[Mr. Gee]

That's what I am starting to realize. Or buy a new car and hold onto it long enough for the time value to play its part.

Then you run into out-of-warranty repairs and larger maintenance concerns (tires/brakes). I've been getting cheap leases for myself and buying vehicles for my wife. Our Rivian R1S was intended to replace her 2015 Prius, which we've held onto longer than intended (thanks, Rivian!). The $3,800/year the lease costs me is easily a better value for me than buying and trading in every 3 years.