Monthly payment is around $250.00. I can afford it. It will make me happy.
2006-06-14 16:11:04 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Buy and drive whatever you please. But....I have been in various aspects of the car business for 20 years. I have one solid piece of advice I give to all my relatives and friends. NEVER trade in a car. Ever. Don't even let the dealer know you have a car. Don't let your vehicle becaome any part of the negotiation. And if you must finance, do your best to obtain financing somewhere else if at all possible. A credit union would be a favorite. A family member another.
Sell your Audi. Take the cash and use it as at least a partial payment on the other car. This may be inconvenient but will be well worth your trouble.
And many used car lots won't sell you a car for cash. Amazing as that sounds. They can make such a larger profit by proving you with "easy financing" a straightforward cash payment doesn't interest them. A trade in will figure largely in the loan numbers juggling act. Usually what it ends up being that you have pretty much given your trade in to the dealer for free. You about have to be an account and an expert on local wholesale/retail used car prices to figure this out though. You (and I) are not these kind of experts. You can bet the used car dealer is.
2006-06-14 18:46:02 · answer #1 · answered by Gypsy R 4 · 6⤊ 1⤋
Not a bad choice going with the MDX...But you may have a hard time finding an MDX that would fit within your monthly payment range....You would need to get a good trade-in value for your Audi and put some money down...Most used MDX's, with low miles and in good shape, would run you in the mid-twenties and go up from there...Do your homework and try not to buy too quickly....A slow rational approach is always the best...To be where you are wanting to be in monthly payment, you would have to finance between $10-12 thousand dollars...
2006-06-16 14:50:11 · answer #2 · answered by Bryan W 2 · 0⤊ 0⤋
If there is nothing wrong with your current vehicle, why not save up until you can pay cash for the car? With no other bills, how long could that take. From working in the auto business for a number of years, we would always say that getting a new car is only a want, not a need. See Cuba as an example. They are using 50 year old cars and getting around in them.
2006-06-14 23:16:07 · answer #3 · answered by KWCHAMBER 4 · 0⤊ 0⤋
Um, no. An Acura over an Audi?? Get another Audi! I'm kinda bias though, German parents!! Acuras are good cars as well. ;)Do what makes ya happy!
2006-06-14 23:37:28 · answer #4 · answered by Cricket Monroe 6 · 0⤊ 0⤋
Finacial planner answer: No. Wait until you save up enough to buy a car cash. Never go into debt, except maybe for a house.
Hedonist answer: It depends on which makes you happier and less stressed: a new car or being debt free.
2006-06-14 23:16:26 · answer #5 · answered by TK 1 · 0⤊ 0⤋