THINKING about trading the 370z

Chteelers · 12-21-2012, 12:23 PM

Also, you may be thinking you're "saving money" because you still owe $28K, and you'd be getting a $27K car. Saves $1K right? But you really have to compare what your Z will actually sell for, not what you owe. If you trade-in or sell you car for any amount LESS than $27K, then this transaction will cost you. You need to sell/tradein for $27K to break even on the Evo, and preferably sell for more to save you money.

ParkStr8 · 12-21-2012, 02:27 PM

Not to be the bearer of bad news...but you need to consider all of these:

1. what is owed on your current car
2. what you will get for your current car
3. difference between the two - plus or minus
4. actual sales price of the new car - not just the sticker
5. new car purchase sales tax, title and license fees locally - usually around 3k+
6. interest rate at time of purchase
7. down payment

Take that check list - put numbers to it...and then you can see the "real" costs involved in changing.

Quote:

Originally Posted by Chteelers

Also, you may be thinking you're "saving money" because you still owe $28K, and you'd be getting a $27K car. Saves $1K right? But you really have to compare what your Z will actually sell for, not what you owe. If you trade-in or sell you car for any amount LESS than $27K, then this transaction will cost you. You need to sell/tradein for $27K to break even on the Evo, and preferably sell for more to save you money.

lemon-fresh · 12-21-2012, 02:32 PM

Did you get schooled by a lightly modded evo?

Z-Girl 12 · 12-21-2012, 05:23 PM

Quote:

Originally Posted by lemon-fresh

Did you get schooled by a lightly modded evo?

Hahahahaha I was thinking the same thing!

12-21-2012, 02:32 PM	#3 (permalink)
lemon-fresh Enthusiast Member Join Date: Mar 2012 Location: Calgary Age: 40 Posts: 471 Drives: 09 370z Rep Power: 14	Did you get schooled by a lightly modded evo? PapoZalsa, VDC_OFF and sfearl1 like this.

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12-21-2012, 12:23 PM	#1 (permalink)
Chteelers Base Member Join Date: Jan 2012 Location: Charlotte Posts: 63 Drives: '11 Nissan 370Z M6 Rep Power: 14	Also, you may be thinking you're "saving money" because you still owe $28K, and you'd be getting a $27K car. Saves $1K right? But you really have to compare what your Z will actually sell for, not what you owe. If you trade-in or sell you car for any amount LESS than $27K, then this transaction will cost you. You need to sell/tradein for $27K to break even on the Evo, and preferably sell for more to save you money.