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Get type-s or not???

Old Jul 25, 2006
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Get type-s or not???

ok, i found a type-s that i just could just take over payments. Theres about
12K-13k dollars of payment. its a 2003 with 40K-50K miles......the KBB value and NADA at private value is around 16K.......BUT i have a 2003 65K miles civic worth 7K-8K with around with 9K more payments left.....SO financially would it be worth to sell my car and get the type-s......or get the type-s and sell it and pay off my car (this may sound stupid)....what you guys think????

flame as you will but be kind
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Old Jul 25, 2006
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How would it be financially worth it to sell a car (Civic) that is worth less that what you owe to get another car that would put you into more debt?

Either:
A. Forget about the RSX and continue to pay off the Civic.
B. Buy the RSX then turn around and sell it, but be warned that selling a car is easier said than done so you might be stuck with 2 car bills for a while.

The best decision is the one that leads you towards zero debt the fastest.

Forgot to add that the RSX will cost you more to own.

Last edited by LiKEaFeRiO; Jul 25, 2006 at 02:24 AM. Reason: Automerged Doublepost
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Old Jul 25, 2006
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claudeboi's Avatar
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im a psychopath...what are you looking at?
 
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Originally Posted by LiKEaFeRiO
How would it be financially worth it to sell a car (Civic) that is worth less that what you owe to get another car that would put you into more debt?

Either:
A. Forget about the RSX and continue to pay off the Civic.
B. Buy the RSX then turn around and sell it, but be warned that selling a car is easier said than done so you might be stuck with 2 car bills for a while.

The best decision is the one that leads you towards zero debt the fastest.

Forgot to add that the RSX will cost you more to own.

thanks, just the advice i needed.....
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