Quote:
Originally Posted by vutall
I think you need to re read my posts before making your statements. I have never once said I would roll the debt onto the new car (I even explained that banks wouldnt do that)
I was asking for opinions in the best way to get out of it. Trade it in and PAY the difference, Sell it private and PAY the difference. Pay to get it fixed up and ship it over despite it not being worth the repair costs.
I got fucked in the first place. The mini depreciated faster than any vehicle I have ever seen from when I purchased it. Ive owned a lot of vehicles too. Ford focus, dodge neon, mercedes c230, toyota tundra, mercedes ml350, chevy malibu, mitsubishi eco x se, sunaru brz, and finally the mini. I had to get the mini because non insured asshat drivers in Tucson fucked my 2012 BRZ and i decided to trade in for a bit rather than eat the replacement costs. Terrible decision.
Never in my life have i been upside down, and am looking for the best way to fix it. No need to be a **** about it.
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Ummm...yeah...about that comment on my reading comprehension:
Quote:
Originally Posted by vutall
If I try and trade it in...KBB says trade in is only worth 5k, so that leaves me with 10k I'd have to put on top the BRZ loan..most banks only go a certain percentage over purchase price, which would then in turn make one, upside down on the new BRZ finance and two, have to pay more for a downpayment.
I know I will want a BRZ in the future. I had one for about 6 months before lovely Tucson drivers made that not be a thing anymore. Just looking for some opinions and thoughts on how to go about this.
Thank!
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Either way, your long list of cars and lack of sufficient insurance coverage kinda makes my point, regardless of whether or not I'm being a penis about it. You asked for opinions/options and you got some you didn't like.
Honestly, the depreciation of the Mini is a lot lower on the list of issues than you think. Actually, it's not an issue because in reality, YOU probably WAY overpaid for it. You can buy $15,000 Mini S' all day with no haggling that's half the age, half the mileage, and none of the problems your 8 year old one currently has. Paying more and getting even less? That's not the car's fault. Heck, I'm surprised that no one's chimed in about personal responsibility yet!
Get rid of what you can. Pay down what you can. Think about getting a BRZ
AFTER you've cleared that shit up.