Should I trade my 2021 CX-9 for a Model Y? 90-mi commute, new homeowner, 7.2% APR vs 0.99%
Hey everyone, looking for a reality check on a potential car move. I’m currently debating trading in my 2021 Mazda CX-9 for a 2026 Tesla Model Y (RWD Long Range). The Situation: • Commute: 90 miles round trip, 5 days a week. Mostly highway (80 mph). • Current Car: 2021 Mazda CX-9. I owe $20,776 at 7.24% APR. Monthly payment is $600. • The Offer: Carvana offered me $20,800 for the Mazda (basically a wash on the loan). • The New Option: 2026 Model Y with the 0.99% APR promo. $3k down, but I'll have to pay about $3k in Texas sales tax out of pocket (total $6k initial hit). • Family: Married, one 7-month-old, planning for a second kid shortly. The Financial Pivot: • Gas vs. Electric: I’m spending \\\~$240/mo on gas. • The House Factor: We just purchased a new home. Already got a level 2 charging installed. • Goal: I want a "10-year car." My concern is the CX-9 hitting 200k+ miles with a turbo engine vs. the long-term reliability/battery life of the Tesla. My Hesitations: 1. Is the Model Y actually wide enough for two car seats compared to the CX- What would you do? Is the 0.99% APR and fuel savings enough to justify the jump, or should I stick with the "bird in the hand" and pay off the Mazda? Edit: State Farm is offering 140$ insurance for model y. Current CX9 is 122$.