Chevrolet Corvette Stingray C7 Forum - View Single Post

Dmpsix · 06-15-2016, 08:34 AM

I'm relatively dumb, new and young so unfortunately I'm plagued with terrible money making decisions because I'm inexperienced and have that "I want it now mentality."

Anyways... I was just wondering if I should keep my Camaro SS (I owe $10k on it) and pay $500 a month to help pay it off faster.

I was wondering if I should trade up for a ZL1 or go the Dave Ramsey approach and pay it off and be happy with it.

But let's say I wanted a Corvette (older model like a 08 - 10) and it was relatively the same price ($25-$30k) as when I bought my Camaro.

How does that work? Do I pay the car off first and THEN go for the Vette? Or what?

My KBB of my car is probably like 17-20k for a trade in, 70k miles on a fully loaded RS/SS with Heads up Display.

I should probably keep the Camaro and just save my money right?

06-15-2016, 08:34 AM	#1
Dmpsix Drives: Black L99 2SS/RS Join Date: Mar 2014 Location: San Antonio, TX Posts: 1,862	How do trade ins work? I'm relatively dumb, new and young so unfortunately I'm plagued with terrible money making decisions because I'm inexperienced and have that "I want it now mentality." Anyways... I was just wondering if I should keep my Camaro SS (I owe $10k on it) and pay $500 a month to help pay it off faster. I was wondering if I should trade up for a ZL1 or go the Dave Ramsey approach and pay it off and be happy with it. But let's say I wanted a Corvette (older model like a 08 - 10) and it was relatively the same price ($25-$30k) as when I bought my Camaro. How does that work? Do I pay the car off first and THEN go for the Vette? Or what? My KBB of my car is probably like 17-20k for a trade in, 70k miles on a fully loaded RS/SS with Heads up Display. I should probably keep the Camaro and just save my money right?