Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
2020 Hyundai Elantra depreciation?
I'm looking for a new car and looking at the 2020 Hyundai Elantra Value. Currently I can get it for $18,736 out the door. But should I wait a few months for the 2021 to come out? I imagine dealerships are gonna discount the 2020s a lot harder to get em out.
I only ask because I'm car-less right now and don't want to add miles on my wife's lease. But I do need a car so I can find a new job and drive for Lyft / Uber for the time being. I also like the smart features on these new cars and warranty is nice to have.
3 Answers
- River EuphratesLv 79 months ago
They rarely discount them that much - but as others have pointed out, unless you've got a stack of cash, (or your wife's job pays well and both of your credit ratings are really good), you are going to have trouble getting financed for $18K while unemployed.
Also, if you are going to be driving for Lyft/Uber your insurance is going to be really high (and if you lie about driving for them, end up having to make a claim, and they find out - then have fun with that).
- Anonymous10 months ago
Without a job, how will you be approved for a new car loan? And you already owe years more on your Genesis at $280 a month.
No unemployed person gets approved for 44k at 1.7%. You must be trolling.
- Anonymous10 months ago
Spam. Please report.
