Those of you that have traded cars during this COVID mess, how did it go?

AUGM1

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I've posted before about possibly trading my 2019 Si Coupe for something different as I'm not really feeling this car.
Anyway, has the virus lowered the value of my car, or the cars I may be looking to trade for?
Is now a good time to trade, or should I wait?
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dem2757

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You are going to take a massive deprecation hit on a 1 year old car. Virus or not.

With the car market having lost at least 50% of its volume, dealers are not playing the value game as taking your trade could land them a car that sits. Pro money tip, if you have the payment, its comfortable, and have transport, wait a bit longer before throwing the equity away. Unless you can swing the hit.
 

Zeffy94

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I checked the value of my car with Carvana recently and the TLDR version is, no, it's not worth it. There's a supply overage and nowhere near enough demand. The trade in values are abysmal.
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