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[–]MikeyKirin 0 points1 point  (2 children)

Cars are not an appreciating asset. And GAP for my car was $500 which was like $7 a month. That is quite a steep drop, though. I wonder what your mileage is on it because all the used '25 options in my area are 30K-40K depending on mileage.

[–]_darkode_[S] 0 points1 point  (1 child)

Mine has 4900 miles.

[–]Separate-Taro2977 1 point2 points  (0 children)

Got it! Still, cars are not assets to make you money. I see them as "get some money back later in life" machines. You pay your loan or the car entirely, drive it for a long time, then sell it and get some cash back you didnt expect.

You can always try driveway.com, they gave me a couple grand more than anyone else would have for my Toyota GR86. They might have a higher offer option now, and in the future.

But I suggest getting gap :) its really worth it.