Yup, I leased the new Honda with a trade incentive for $250/mo. When you net out the gas savings, it’s like $190/mo. Ended up getting about $2500 more for my 10

Yup, I leased the new Honda with a trade incentive for $250/mo. When you net out the gas savings, it’s like $190/mo. Ended up getting about $2500 more for my 10 year old trade than Carvana. The business model is weird, it’s almost like you’re capitalizing the cost of gas, except the gas tank leaks after a few years. I figure they’ll either deal on a buyout at the end of the lease, I’ll turn it in, or gas prices will go nuts and I’ll be able to flip the car. My brother did that with a Volt - bought it for $18k pre-pandemic sold for $23k in 2021!