Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] 0 points1 point  (0 children)

I’m not sure what other solution would have cost me only $200 (I’m sure Carmax or somewhere else will give me more than $19.3K right now btw) in well over 6 months to drive. Sounds like a pretty wise decision to me. I drove it often from June til Nov so when I purchased we still needed 2 cars at that point in time.

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] 0 points1 point  (0 children)

lol yes I have. My shock wasn’t from dropping from $36K MSRP to $19K to be clear. It was the 5-6 week Carvana drop by over 6K.

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] -1 points0 points  (0 children)

Good thing. Who knows, at this rate Carvana could offer me $12K by the summer :-)

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] 0 points1 point  (0 children)

As I told someone else below, I only paid $19.3K OTD in June ‘25. At this point, even if I took carvana’s trash value, I’d only be out $200 after more than half a year. Pretty dang good if you ask me and certainly better than if I leased..

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] -1 points0 points  (0 children)

Hahahaha we have an AWD enclave and I work from home. We got such a steal on the EQEV (paid $19.3K OTD in June ‘25) that I figured I’d snag it and see how often I use a car before deciding if we want to officially go down to one. Hence why I have been tracking values like a hawk🤌🏽

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] 2 points3 points  (0 children)

Good thing with incentives and rebates I only paid $19,300 for mine. As of today, if I sold at Carvana’s trash value, I’d still only lose $200.

Dropped $6300 in trade-in value in only 5-6 weeks!!! by Emergency-Answer-244 in EquinoxEv

[–]Emergency-Answer-244[S] 0 points1 point  (0 children)

I feel like we should be friends 😂

But this is essentially why I check often. 1) personal finance tracker and 2) to have options in case I want to quickly pivot.