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Traded in my 2012 Z.....

Remember, all those previously made payments are stricken from your offset, and if you tacked on another year of payments.... WARNING: incoming maths! So, if you were paying, say, $300/mo

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Old 05-12-2013, 05:03 PM   #7 (permalink)
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Remember, all those previously made payments are stricken from your offset, and if you tacked on another year of payments....

WARNING: incoming maths!

So, if you were paying, say, $300/mo and, you owned the car for a year, you just lost $3600. And the additional year, if you got another 5 year loan/$100 more a month, is an add-on of $4000 for the new year. We're at $7,600, and add in the 4 years of combined loan coverage, and you sit at another $4,800. You're now at the real difference, not including any maintenance costs you've put into the car. $12,400 est.

From that number, you start deducting the wheels, and the personal preference of the new car and the package.

Sorry if that's any type of downer. And, no, it's not crazy if it's what you want to have and are happy with it.
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