Who OWES the MOST on their Z???
#42
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What the hell do you people do that are paid in full? I guess if I really tried I could, but there are too many other things to buy.. eh whatever. Its worth every penny, even the finance charges...
#44
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Not to hijack this thread. But how do people get upside down on a car anyway?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
#45
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Originally Posted by Nuki
Not to hijack this thread. But how do people get upside down on a car anyway?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
#46
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Heh, little late for that. I know they say you can buy a 1 year old car safely, but Im just such a stickler for keeping my car well maintained. Hard for me to trust that someone else did the same before me. At least, thats how I am with my one new car. When I got my supra for a graduation gift from my mom, she also gave me every document for anything ever done for it. She kept it immaculate. That mentality has carried over to me every since.
So anyone else want to explain my previous question?
So anyone else want to explain my previous question?
#50
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I owe about $34K.
#51
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Originally Posted by tmoth
I saw a thread that got me thinking... alot of people are upside-down in their cars, and I'm just curious who owes the most on their Z? I probably owe about what the car is worth if I really needed to sell asap ($21K on an 04.5 Touring w/15K miles), but just sold my second vehicle, so I should be close to being able to pay it off. I'll be really happy not having that 8.2% interest rate anymore ![Smilie](https://my350z.com/forum/images/smilies/smile.gif)
![Smilie](https://my350z.com/forum/images/smilies/smile.gif)
#53
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Originally Posted by Nuki
Not to hijack this thread. But how do people get upside down on a car anyway?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
Last edited by JDMFairladyZ33; 11-27-2006 at 12:38 AM.
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Originally Posted by Nuki
Not to hijack this thread. But how do people get upside down on a car anyway?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
I know what it means, when you owe more than the cars worth. But why would you allow that to happen? How does it happen?
What happens when you trade in a car that your upside down on? Do you owe the difference? Or do they tack it on to your payments? I've only ever bought one new car, and I admit, Im not too savvy on it. Im putting 7k down on my Z so I would think that would help prevent me from ever getting upside down. Someone enlighten me? Please?
![](https://my350z.com/forum/images/smilies/icon22.gif)
Its okay, because it evetually led to me getting the Z.
![Big Grin](https://my350z.com/forum/images/smilies/biggrin.gif)
And no, with 7K down, good maitenance and low mileage you may very well never be upside down...
#57
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Originally Posted by Nuki
Thanks JDM,
I think by putting 7k down on my Z, and making 3k dollar monthly payments should keep me from being upside down on it. At least, thats what my wife and I have planned. Assuming I can stay here in Afghan long enough to make that happen.
I think by putting 7k down on my Z, and making 3k dollar monthly payments should keep me from being upside down on it. At least, thats what my wife and I have planned. Assuming I can stay here in Afghan long enough to make that happen.
#59
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Originally Posted by Nuki
Heh, little late for that. I know they say you can buy a 1 year old car safely, but Im just such a stickler for keeping my car well maintained. Hard for me to trust that someone else did the same before me. At least, thats how I am with my one new car.
Value on 350's in NZ has dropped substantially. They were 74k NZ$ in 2004 when I purchased mine, you can now pick up a pre-loved 2004 from 30k - 44k. Now that's the most massive depreciation on any new vehicle I've ever owned. They are about 74-76K depending on the model now, having said that I saw an 06 with 8k on the odo for 49K. 20k hit in less than a year. Ouch!!!
So technically everyone that purchases a pre-loved 350 is way smarter $$ wise.