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I guess I emerged from my rock today and was made aware of the chip shortage is effecting cars too.

At market price, I currently have 6k equity in my 3 year old car.

So I had the idea to sell my car to cash in and move downtown downtown using part of the $500 I save on car insurance/car note. And using part of the 6k for my transportation needs. (Uber, Lyft, grocery delivery etc)

And save like 3k for a down payment on a car whenever I decided to leave downtown.

Is selling my car right now and moving downtown a good idea?



Submitted June 26, 2021 at 12:15AM by PhillyPhan95 https://ift.tt/3jgMfgw

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