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contemplating a downgrade

Originally Posted by Notsud 13 tough one, the question is...will you be upside down on your trade in? if you buy a low 20s car, lets say 22k...and you owe

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Old 12-27-2011, 05:48 PM   #8 (permalink)
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Quote:
Originally Posted by Notsud 13 View Post
tough one, the question is...will you be upside down on your trade in? if you buy a low 20s car, lets say 22k...and you owe another 5-6k on your 370z after the trade in...then youll be financing 28k which wouldnt make much difference on your car payment.
Ya Without more info, we won't be able to give you a good response. Make sure you take into account that you need to pay taxes on your used car, loan vs resale value, depreciation (both the Nismo and Sti) over the period you intend to keep the Sti, interest difference in the loan, mpg cost difference, insurance difference, maintenance, etc. I wouldn't do it unless I was saving at least $10,000 over a 5 year period.
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