Vert people?
#1
Vert people?
I've really been looking at this car, considering trading my 2009 for a 2010 vert, but can anyone here tell me why the window sticker lists 325hp when the hardtop coupes list 330hp? just a small difference I'm really not conserned, but the sales people had no answers... thank you.
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#8
He just means that you will be taking a loss as any car depreciates exponentially in the first year and less in each subsequent year. Usually people say you are taking a loss when your loan value exceeds the trade in value so you will have to make the difference up out of your pocket.
#9
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I'd estimate you'll lose about $8,000 or more in your swap. Look at what a used 09 sells for and then take about 7K off that and that will be what they offer you as a "trade in" value. Even if you put lots down and technically weren't upside down, the cost of usage for one year would be nuts.
Traditionally you have to have a car for about 3 years before you break even. If you were to sell your car privately you might lose less, but even then you're still going to be either putting that value into your new loan or eating it outright.
I'd say personally wait a year or more and save some money. We all want new cars ever month. But that's why I lease. 3 years flies by...and it's time for something new.
Traditionally you have to have a car for about 3 years before you break even. If you were to sell your car privately you might lose less, but even then you're still going to be either putting that value into your new loan or eating it outright.
I'd say personally wait a year or more and save some money. We all want new cars ever month. But that's why I lease. 3 years flies by...and it's time for something new.
#10
I don't know what you guys are talking about... pay off on my car is about 35,xxx and southbay infiniti ca, offered me 31,xxx so yes I know I will lose, that's about 4k not 7k... and I've done this before when I had an 08 then got a 09. I just fell in love with the verts and wish I opened my eyes to it sooner. Was there a 2009?
#12
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I don't know what you guys are talking about... pay off on my car is about 35,xxx and southbay infiniti ca, offered me 31,xxx so yes I know I will lose, that's about 4k not 7k... and I've done this before when I had an 08 then got a 09. I just fell in love with the verts and wish I opened my eyes to it sooner. Was there a 2009?
#13
There is no such thing as "break even" on a car actually, it depreciates the minute you leave the lot and keeps depreciating until it is crushed and worth 0 (for most cars, with exception of collectible classics). The only reason people say 3 years is that is when a typical car load payoff matches the trade in value. Financially this is really not meaningful, unless you put $0 down and your payments are the cash flow you want to maintain, and by trading the car when the trade value equals the payoff you can then have a new car and the payments are the same with out putting more money down.
#14
I don't know what you guys are talking about... pay off on my car is about 35,xxx and southbay infiniti ca, offered me 31,xxx so yes I know I will lose, that's about 4k not 7k... and I've done this before when I had an 08 then got a 09. I just fell in love with the verts and wish I opened my eyes to it sooner. Was there a 2009?
Regardless, buy what you want, it's your money and it's America.
#15
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I don't know what you guys are talking about... pay off on my car is about 35,xxx and southbay infiniti ca, offered me 31,xxx so yes I know I will lose, that's about 4k not 7k... and I've done this before when I had an 08 then got a 09. I just fell in love with the verts and wish I opened my eyes to it sooner. Was there a 2009?
Only lose $4,000? lol. Okay.
You know how this sometimes works is they trick you by giving you more for your trade and not giving you a deal on the car.
But as I said, if you are okay with losing "ONLY" $4k that's fine by me. Although it seems like you did it before and you might have "only" lost that twice.
I'm just saying...we all fall in love with new cars. Sometimes you just need to do the smart thing, not the emotional.