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Joined: Jun 2002
Posts: 328
CEG\'er
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OP
CEG\'er
Joined: Jun 2002
Posts: 328 |
Originally posted by RoadRunner:
Originally posted by 00SVT:
If you owe $10K on a car that is 4 years old, you either paid too much for it to begin with or you didn't put enough down.
I didn't put anything down when I bought my SE Sport new, and I only owed
a little more than $4500 in the last year of payments.
How do you figure $10,000 ?
I bought the car 1/05/2002 for 12,995 with zero down and it had 28K miles on it. Yes I have put a good amount of miles on it since then...but even with 78K miles on it, I think its worth more than $7,000-8000....all the problems it currently has is what hurts the resale value the most.
Cars are a losing proposition anyways...but I am really stuck with this one for a long time, which isn't totally a bad thing. Hopefully I can refinance my loan in a few years, because the montly payments suck!
1999 CSVT-Black 15.8@89mph
Driver for hire. PM me.
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