Smokin' trade-in deal, would you do it?

[Sig cx-5]

I'm not sure what the relevance of this monthly amount is.

The fact is, you've derived very little utility & usage from your current vehicle.
Since you drive so little, the current car will last a lifetime (will take 50 years to reach just 120K miles).

So spending $3900 to get the same vehicle, but with 2400 fewer miles, provides virtually no value.
The new car isn't going to last you longer, isn't going to cost less in maintenance/repairs, isn't going to provide meaningful resale 10 years down the road.

From what I've derived, he's swapping it in hopes of a faster infotainment system in the newer model. As long as the OP doesn't try to convince anyone that it's a smart financial move, it doesn't concern me enough to get all worked up about. I've done some stupid things with my money in the past.

 

[bluegrass]

From what I've derived, he's swapping it in hopes of a faster infotainment system in the newer model. As long as the OP doesn't try to convince anyone that it's a smart financial move, it doesn't concern me enough to get all worked up about. I've done some stupid things with my money in the past.

I don't think anyone is getting worked up about it.
But he specifically asked..."Would you do it?"

The answer is no, unless you want to blow $4K.
I didn't see his desire for a "faster" infotainment system.

 

[hal2]

From what I've derived, he's swapping it in hopes of a faster infotainment system in the newer model. As long as the OP doesn't try to convince anyone that it's a smart financial move, it doesn't concern me enough to get all worked up about. I've done some stupid things with my money in the past.

Yes, I' not claiming this to be a smart financial move - otherwise none of us need these things and we'd all be driving the CX-5 sport - no offense to anyone.

 

[hal2]

The fact is, you've derived very little utility & usage from your current vehicle.
Since you drive so little, the current car will last a lifetime (will take 50 years to reach just 120K miles).

So spending $3900 to get the same vehicle, but with 2400 fewer miles, provides virtually no value.
The new car isn't going to last you longer, isn't going to cost less in maintenance/repairs, isn't going to provide meaningful resale 10 years down the road.

We're looking at it different, not right/wrong, just different. The question could be termed differently.... If one was were shopping today and they could buy a new 2021 with the updated infotainment system for $38,000, or a 2020 demo with 4,900 miles for with $34,000, which would you choose? - no wrong answer

 

[hal2]

But he specifically asked..."Would you do it?"

Yes, it was an open conversation. But I like the other way to look at it as I just posted......

The question could be termed differently.... If one was were shopping today and they could buy a new 2021 with the updated infotainment system for $38,000, or a 2020 demo with 4,900 (not 2,400) miles for with $34,000, which would you choose? - no wrong answer

I think that kind of spins it differently but is essentially the same situation. - now it's not quite as cut and dry, IMO

 

[bluegrass]

The question could be termed differently.... If one was were shopping today and they could buy a new 2021 with the updated infotainment system for $38,000, or a 2020 demo with 4,900 miles for with $34,000, which would you choose? - no wrong answer

That's not the decision you have to make though.
You already own the car. You bought it new. It's not a demo.

The decision is whether you should spend nearly $4,000 in exchange for an updated infotainment system.

You asked if others would do it. My answer is no, especially considering how few miles you drive annually.

 

[chickdr]

I am going to throw a couple of other thoughts out for you having upgraded from a '19 to a '21 myself. I had wanted the 2.5T motor in '19, but couldn't get the deal I wanted so settled for a lease on a '19. The deal I made was a great way to get into a turbo which also had AWD and the newer infotainment system. Now that I have the car I have a couple of regrets. I love the car, don't get me wrong, but I thought the '21 would be the last version of the current model. Now they are doing a refresh on the '22 with better seats (to be seen), new front/rear fascias and extra drive modes. There is also the CX-50 coming out which is an entirely new model and appears to be very similar to the CX-5 (with identical power trains). I probably should have waited until '22 and then made a decision when I had the new models out to look at and drive. You are waiting for an "old" model to arrive and pay MSRP for it when there is a refreshed model right behind it you could likely also pay MSRP for if desired. As an aside, my wife hates the new infotainment compared to our '19. They have made it less intuitive and some functions are not the same (for example, you used to be able to change SiriusXM stations from the rocker on the steering wheel). For '21 you can't. No touchscreen either.

 

[hal2]

Thanks for the thoughts. Some of those I thought of. Not a fan of the matching wheel arches on the 2022 Signature and the CX-50 probably wont have the same driving dynamics. But probably the biggest factor - I probably won't be able to get anywhere near a $2,000 spread (Maybe $6,000) between my 2020 and a new 2022 CX-5 or CX-50 as I am geting with this proposed deal - That's what is mostly driving this decision.