Out of curiosity, what term loan are you looking out for the new car and how much longer do you have to pay on the current car? Do you owe less/more on the Lancer than it's currently worth?
ETA: There was a recent thread on RBR that touched on this issue, i.e., whether it makes financial sense to trade in a car that still isn't paid off for a new car. The discussion gets a little but over the top at times, but you might want to read it.
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Thread: Kia Soul. Honda Fit & bikes
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07-13-2011, 09:18 AM #11
Meow!
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Last edited by indysteel; 07-13-2011 at 09:23 AM.
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