I would like your opinions please - thanks ! - Saab General Bulletin Board - Saabnet.com
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I would like your opinions please - thanks !
Posted by larry [Email] (more from larry) on Tue, 6 Aug 2002 14:30:24
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would you sell a car and take a loss on it upfront to save money in the long run ? my situation is this: i was just transferred back to NY for work. i take the train to work and i really only use my car on the weekends, plus insurance is astronomical in Brooklyn. i owe more on the car than it's worth (approx. 2-3K upside down on my loan). i had thoughts of selling the car, coming out of pocket to make up the difference and then getting a cheap old car. it depends on what i spend on that theoretical old car, but in 5-8 months i would break even and after that i would be ahead of the game. of course, a major repair or two could alter this schedule, too. so, who would stick with what i have now and who would unload it and catch up later ?? thanks for your input.
posted by 206.65.14...
Posts in this Thread:
- I would like your opinions please - thanks !, larry, Tue, 6 Aug 2002 14:30:24 <-- Viewing This Message
- Sale the car, take the loss, get on with life...n/m, Phil, Tue, 6 Aug 2002 17:52:04
- easy choice, if you dont use it...sell it, nickR, Tue, 6 Aug 2002 15:19:18
- Unload the new car and buy a beater, Quinn S. Kurz, Tue, 6 Aug 2002 14:41:07
- Re: I would like your opinions please - thanks !, SS, Tue, 6 Aug 2002 14:35:28
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