i MIGHT not be leaving the Z community ;)
04-08-2009, 06:18 PM
#1
i MIGHT not be leaving the Z community ;)
Well Ive been trying to sell my car, because I cant afford it. Well i can, but I have no money left at all.
Well I know this guy, and hes pretty much loaded with money, and has a bunch of cars.
Well he's thinking about selling his Z to me for pretty cheap, because hes thinking if he should pick up a new one.
Well its a 2003 PPW Touring, with 10,085 actual miles. hes willing to let it go for $13k. Which I think is a pretty good deal since its a 1 owner car, low miles, and from a old guy who takes care of his cars very well.
I payed $21k for my car about 2 1/2 years ago.
my payments will be aeound $230-$250 a month.
What you guys think?
Well I know this guy, and hes pretty much loaded with money, and has a bunch of cars.
Well he's thinking about selling his Z to me for pretty cheap, because hes thinking if he should pick up a new one.
Well its a 2003 PPW Touring, with 10,085 actual miles. hes willing to let it go for $13k. Which I think is a pretty good deal since its a 1 owner car, low miles, and from a old guy who takes care of his cars very well.
I payed $21k for my car about 2 1/2 years ago.
my payments will be aeound $230-$250 a month.
What you guys think?
04-08-2009, 06:40 PM
#6
I mean, if you bought it 2.5 years ago, how much can you realistically owe? I bought mine almost 3 years ago for a couple grand more and I'm almost done with it (then GAME ON 
).
If it's just the monthly payments that are hurting you, you could look at a re-fi if you have a good credit score.
).If it's just the monthly payments that are hurting you, you could look at a re-fi if you have a good credit score.
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04-08-2009, 08:35 PM
#8
I mean, if you bought it 2.5 years ago, how much can you realistically owe? I bought mine almost 3 years ago for a couple grand more and I'm almost done with it (then GAME ON ).
If it's just the monthly payments that are hurting you, you could look at a re-fi if you have a good credit score.
).If it's just the monthly payments that are hurting you, you could look at a re-fi if you have a good credit score.
Like 60.
04-08-2009, 08:53 PM
#11
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I don't understand how you'll be saving money here. His car is more expensive than yours plus you'll have to pay taxes on the price of his car. Sure, you'll get a lower monthly payment, but you'll probably be doubling the length of remaining payments. That's not very wise in my book. Just sell the car and get something you can afford.
04-08-2009, 09:24 PM
#12
I can afford the car. I dontcare about starting over on a new payment. The payments on a 13k car is cake. My payments for my car now are $370 a month. Yes I can always buy a cheap Z, but I dont want a high mileage one.
Im just saying I think its pretty worth it on the PPW.
Im just saying I think its pretty worth it on the PPW.
04-09-2009, 05:15 AM
#16
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From a monthly cash flow stand point it makes sense. It sounds like you have been trying to your car for months. Is this guy willing to hold his until you are able to unload yours?
04-09-2009, 07:44 AM
#17
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Moved...
04-09-2009, 08:22 AM
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It does sound odd at first. His current payment was based off of around a $21k loan. His new payments would be based off of a $13k loan. I don't think this guy is going to trade the OP. It sounds like he will have to sell his privately first then buy the one from his friend.