It is worth it?
It is worth it?
I think I want a 09-10g37x coupe, Im thinking about trading in my car that I actually bought in June in a year or less. I currently have a 08 g35x, Do you think its a good idea financially? Will I lose a lot of money in doing so? Thanks for all your help...
Obviously it's a horrible thing to do financially. Probably.
Last edited by Black Betty; Sep 2, 2011 at 12:36 PM.
Depending on your financing agreement at time of purchase you wil be a few k upside down which would be added to the new car. Which in turn would make it cost way more than its worth unless you plan on keeping the new car for awhile. Because if not you will be even more upside down if you decide to get out of that early too.
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So If I lose just my years worth of payments im okay with that, its kinda would be like I leased it for the year. But if I get almost the same deal and payment per month would it be worth it. Also yes if I go through with this I will keep the coupe for the next 6 years lol......
Did you make any down payment? If so factor that in money you're losing. You asked if it was a good idea financially. It isn't. Period. You asked if you will lose money. You are. If you still choose to spend more money on a car one model year newer that's up to you. Lots of members here make horrible financial decisions regarding their cars. Modding isn't a good financial decision. Leasing a new car every couple of years simply assures that you will have a payment every month for the rest of your life for something you'll never own but people do it.
It's your decision. But yes, it's financially unsound. Now go do what you want.
It's your decision. But yes, it's financially unsound. Now go do what you want.
Here is what I would do:
1. List your car on craigslist at a high asking price, hoping to sell your car for a good $$
2. Don't care if you can't sell your car. That's the whole point.
3. If you can sell your car at a high amount. Go for it and the car you want.
Of course this won't keep you from losing money, but it will minimize the effects
1. List your car on craigslist at a high asking price, hoping to sell your car for a good $$
2. Don't care if you can't sell your car. That's the whole point.
3. If you can sell your car at a high amount. Go for it and the car you want.
Of course this won't keep you from losing money, but it will minimize the effects



