A Guide to the Current (Crazy) Car Market – The Wall Street Journal

April 8, 2022 by No Comments

Bruce Steinhardt, an 89-year-old Florida resident, said he was surprised to find that the Hyundai Sonata he leased three years ago was worth more than the roughly $15,000 buyout price negotiated as part of his lease.

He said he decided to buy out the lease and then sell the car to the website CarGurus for $23,600. The deal netted him about $8,100, helping him recoup nearly all three years of lease payments, he said. “It is literally crazy.”

(Photo: Mario Tama/Getty)

Source: https://www.wsj.com/story/a-guide-to-the-current-crazy-car-market-823a1ecf

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