What should I do?
#1
Join Date: Nov 2007
Location: Garden Grove, CA
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What should I do?
Hey guys, I have a question.....
I currently have an '04 Sedan with close to 80k miles on it. Currently paying $350.00 a month with about a little over 11k left on payments. I'm debating whether or not to trade it in for an '05 Sedan with 51k miles. I'll be paying $20.00 more a month than I currently pay. What would you guys do?
Just in case, my mods are: Popcharger, z-tube, plenum spacer, HR Y-Pipe, coupe mid, hks muffler, and little things here and there in the interior like led swap and such.
I currently have an '04 Sedan with close to 80k miles on it. Currently paying $350.00 a month with about a little over 11k left on payments. I'm debating whether or not to trade it in for an '05 Sedan with 51k miles. I'll be paying $20.00 more a month than I currently pay. What would you guys do?
Just in case, my mods are: Popcharger, z-tube, plenum spacer, HR Y-Pipe, coupe mid, hks muffler, and little things here and there in the interior like led swap and such.
#4
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#6
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true~ i've been contemplating about that and it sorta does seem pointless to trade-in now. Especially since i'm upside down on the loan, it'll just cost a lot more for less. I'm thinkin maybe I should just quickly payoff the current loan as fast as possible and maybe sell it and just buy a new car later.
#7
I drove ttrank's car solo
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G35 sedan w/ too much money in mods
true~ i've been contemplating about that and it sorta does seem pointless to trade-in now. Especially since i'm upside down on the loan, it'll just cost a lot more for less. I'm thinkin maybe I should just quickly payoff the current loan as fast as possible and maybe sell it and just buy a new car later.
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#9
Hey guys, I have a question.....
I currently have an '04 Sedan with close to 80k miles on it. Currently paying $350.00 a month with about a little over 11k left on payments. I'm debating whether or not to trade it in for an '05 Sedan with 51k miles. I'll be paying $20.00 more a month than I currently pay. What would you guys do?
Just in case, my mods are: Popcharger, z-tube, plenum spacer, HR Y-Pipe, coupe mid, hks muffler, and little things here and there in the interior like led swap and such.
I currently have an '04 Sedan with close to 80k miles on it. Currently paying $350.00 a month with about a little over 11k left on payments. I'm debating whether or not to trade it in for an '05 Sedan with 51k miles. I'll be paying $20.00 more a month than I currently pay. What would you guys do?
Just in case, my mods are: Popcharger, z-tube, plenum spacer, HR Y-Pipe, coupe mid, hks muffler, and little things here and there in the interior like led swap and such.
And if you're upside down on this loan, then don't get more upside down on a bigger loan, especially for a car with just 30K few miles. In 2-3 years you'll be in the same position you are now, upside down on a car with 80K miles. Pay extra each month on this one and get it paid off off in a few years. The only way a car makes any sense financially is if it's paid off.
If you like this car, then just keep it. I'm planning on keeping my 2005 for 8-10 years. I don't need 328 HP when I've probably got 290-300 right now and am planning on adding more later. Besides, the 1st Gens are better looking anyway.
#11
Join Date: Nov 2007
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#12
don't forget that it is nice to not have a car payment, set your goal to pay it off and drive it a yr or 2 with no car payments and don't go whoring all the mods when that happens. Then, you will have a good down payment to put on your next car, so you won't ever be in an upside dwn loan.
#13
#14
But somehow the thing still costs me $$$ and sometimes $$$$ very frequently. That damn mod bug
#15