The problem with the negative equity isn't that I'm concerned about getting it. The problem is that I *have* alot of negative equity, and have to get it financed. The cash back and the negative equity almost cancel each other out. It'll basically go back up to the MSRP, which I can get financed for. Watch this example (values are approximated):
FSVT:
$20k + $7k (current loan) - $3k (trade-in value) - $3k (incentives) = $21k to be financed.
SRT-4:
$21k + $7k (current loan) - $3k (trade in value) = $25k to be financed.
So with the FSVT, I have to get a loan for $21k on a $20k car. With the SRT4, I have to get a loan for $25k on a $21k car. Credit union won't do finance that high over, I have to come up with $4k out of pocket.
