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SVTPerformance's Chain of Restaurants
Road Side Pub
Stealership guys - inside
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<blockquote data-quote="ON D BIT" data-source="post: 15343859" data-attributes="member: 10422"><p>Which is what I assumed in the first place. You have negative equity because you don't have extra cash. </p><p>My first post still stands:</p><p>Second you want to buy a 50k vehicle and yet you can't pay or cover the two vehicles that you currently own, hence the negative equity in both. </p><p></p><p>How much does it cost in ttl fees in il? In ca it's nearly 10% which would mean 5k that you're spending on nothing. 50k vehicle + 5k ttl + 5k neg eq equals a 60k cost for a vehicle that will be worth maybe 45k soon as you sign the financing. Are you going to finance the entire 60k? Do you have any down payment?</p><p></p><p>Better option is to sell the mustang pay off the 08 and save. Buy 16 sport in 18 used for 35k.</p><p></p><p>I'll add if you do anything else you will never save additional cash for life or wants such as new 50k cars.</p></blockquote><p></p>
[QUOTE="ON D BIT, post: 15343859, member: 10422"] Which is what I assumed in the first place. You have negative equity because you don't have extra cash. My first post still stands: Second you want to buy a 50k vehicle and yet you can't pay or cover the two vehicles that you currently own, hence the negative equity in both. How much does it cost in ttl fees in il? In ca it's nearly 10% which would mean 5k that you're spending on nothing. 50k vehicle + 5k ttl + 5k neg eq equals a 60k cost for a vehicle that will be worth maybe 45k soon as you sign the financing. Are you going to finance the entire 60k? Do you have any down payment? Better option is to sell the mustang pay off the 08 and save. Buy 16 sport in 18 used for 35k. I'll add if you do anything else you will never save additional cash for life or wants such as new 50k cars. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Stealership guys - inside
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