Hi Everyone,
First post, but long time reader. Figured I'd ask for advice to see what the best decision would be given my situation.
Purchased my car in 2010 with 54k miles and now it has 210k miles (first car and 3rd owner). Currently KBB values the car at $2,900, CarMax values the car at $1,500. Just had tune up, valve adjustments, coil packs, and spark plug done. Out of college 2 years and hoping to do a masters in my near future.
My car needs new tires, a timing belt, and brakes later this year. I have been offered $2k on Craigslist (asking was $3k).
Options:
- Keep car
- CPO
- New car
Cars that I am looking at:
- VW GTI
- Subaru WRX
- Anything else you'd suggest? Auto and under 20k miles.
* Plan to own next car for at least 5-7 years, cannot lease due to my mileage.
Deals I've found:
- New 2017 VW GTI S --> $25k --> MSRP $28k
- New 2017 Subaru WRX --> $30k - More than I want to spend and dealers not willing to discount
Or do I wait for this summer were the redesigned models are out, but less incentives?
CPO
- 2015 VW GTI SE (leather, navigation, back up camera) for $21,500 with 6,000 miles
- 2015 WRX Premium - $26k with 22,000 miles
Aggressively paying loans. Do I want an BMW? Yes, but there is a right time and place for everything. Hopefully theres an m3 in my future
