Ok heres my story

Last August was in need of a car so I purchased an 06 Scion tC
it served its purpose for the time being but now im thinking of getting a Z

I have been making payments regularly and only owe about $15,000 on it
it only has 5100 miles and is in great shape and the dealers ive been to have been willing to give me at least $16,000 for it.

Now to the Z
I found an 03 for around 22995
and want to trade the tC in and get the $16,000 for its and so forth
I just need advice on how i should proceed
the tC is my first car and I dont mind transferring the $15,000 that i owe and adding the $6,000 remainder since there is about $1,000 differentce from what i owe versus what ill get.

I know i should probably go for an 04 or higher but i cant seem to find one in Massachusetts for under 25k.

I just need your opinions and help and whatnot seeing as how this is my first time doing anything like this.

Like how does the transfer of what I owe affect everything and how does it work. This is my initial research before I even start looking at anything.

thanks

 

I recommend that you pay off type Scion and drive it free for awhile. Nothing beats the feeling of driving a PF (paid for).

I don't think that it is wise to go from a 2006 (under warranty now and for the next several years) to a 2003 (not under warranty). The 350Z is hot, but it sounds as though you are going backwards not forward.

 

debt sucks...well too much

 

Good Luck On Finding One Bro.

 

Your best bet is to wait a little and get 2-3k for a down playment. Then you can pop that down on an 05 and get out of your scion no problem. Honestly I can't get out of my car for a while, so I just keep test driving Zs every couple weeks to keep me towards my goal.