Quote:
Originally Posted by FRSpappa
I would suggest NOT to pay it off if your saying your gonna get rid of it. Just puts you farther in the hole with depreciation, especially with the new Mustang coming out! Dump it now and take your lumps and get what you want while your trade in is still high. I was in a similar situation and don't regret the trade one bit as it paid for half my FRS, and I'm smiling every day since purchase! Also, sounds like you'd be doing the same thing with the Miata; IE trying to make a BRZ/FRS like the Stang. Remember you can't make a silk purse out of a sows ear...
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I don't follow your logic. Accelerating payments closes the gap that is generated by the quick depreciation of domestic cars. Getting out now would mean taking the biggest hit. Over time the gap lessens, unless your repayments are over a really long term and your interest starts to dominate the amount you owe. If you're talking about the asset value of the mustang being highest now in direct trade for another car, you're right.
Also, i'm not talking about making a miata/e30/etc into a brz, but they are able to fill the niche that the Mustang cannot; light simple drivers cars.
I'm going to let the Mustang be what it is and just live with it, embrace it - and maybe pick up something to be what i'm missing - light and simple and cheap.