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Car Trade-In - (1 Viewer)
- Thread starter cubd8
- Start date
mr. furley
Footballguy
first question, can you afford $400 a month for 6 years?
that smells of "i can't afford this car"
that smells of "i can't afford this car"
Rattle and Hum
Footballguy
$30K for 6 years at 1.9% is $441/month. Each $1K +/- is about $15/month.
James Daulton
Footballguy
The car value approximates the amount owed on the car? Unless you put a ton down, seems a bit optimistic to me.
Chemical X
Footballguy
low
I bought the 2016 Hyundai Tuscon for about 27.5K. I have paid it own to about 22.5K since I bought it.
It's in excellent condition, was just doing the Kelly Blue Book and it's listed for about the same price as I what I owe.
I'd like to understand, and I doubt I'd actually do this if my payments were crazy, what I would owe monthly if I did the trade it in for a new 2017 Tuscon, say 30K.
2016 Tuscon for a 2017 version....Probably wouldn't do this, but was curious how those payments would look if I did.
Nugget
Footballguy
Payment would likely rise 50-60 bucks a month, depending on taxes, cancelable products in the note, rebates, and such.
Have you considered leasing if you like newer cars?
mr. furley
Footballguy
wife wrecked her car a handful of years ago. thing was on its absolute last legs. KBB said in mint condition it was worth somewhere around 5k. in her condition, private sale we were hoping for 3000 if we found the girl who really loved that particular kind of car.
insurance gave her 8k
go figure
DocHolliday
Footballguy
Not sure why someone would trade in their 2016 Tuscon for a 2017 Tuscon. Seems like a good way to waste money on car depreciation two years in a row.
AhrnCityPahnder
Yinz-o-riffic
I'm not
entist: when it comes to cars, but if you have a 2016 you're insane for wanting a new one already. 
Bull Dozier
Footballguy
Insurance is much different than trading in to a dealer.wife wrecked her car a handful of years ago. thing was on its absolute last legs. KBB said in mint condition it was worth somewhere around 5k. in her condition, private sale we were hoping for 3000 if we found the girl who really loved that particular kind of car.
insurance gave her 8k
go figure
James Daulton
Footballguy
If only there was a way to find out what the payment would be on a $400k mortgage over 15 years at 4.25%. I'm really bad at maths and surprisingly google yields zero results.
