Trading tomorrow. Worth it?

[jd10013]

no chance in hell you get 17k for a 4 yr old V6. especially from a dealer

[HOJO]

I wouldn't do it. You will regret it. Wait.

[BaneSlayer]

Thanks guys. I'll wait at least 6 months then.

[FASTDIESEL]

I'd wait for a better deal. BUT, I wouldn't be afraid of the miles (IF the car was taken care of). Bought Mr. Freeze last year with 98K on the clock. It's just as tight as the ones we test drove with 1/2 the miles. Zero oil usage on the first change. They are GREAT cars!

Remember,

"Haste is the mother of bad deals".

My Brother, William Ray, talking to his niece, when she was shopping for her first car.

[one~Bad~SS]

advice: wait.... that is a lot of miles for that car..... even though those engines are pretty much bullet proof, I would wait and see what there is here in a few weeks. My 2 Cents.

[zr1chris]

Originally Posted by BaneSlayer

If I can get $16,000 financed to 72 months, hopefully I'm looking at below $400 a month.

You should be around $300 a month for $16,000.
I'm financing $24,000 and my payment is only $371.

[BaneSlayer]

I'm young though. 18 lol. Not a mommy and daddys boy though. I wish... But I grew up fast. I live on my own, have a 40 hour work week job, and I had no other choice but to sign on my car by myself so my interest rate is really high, that is my issue. I'm really good at dealerships though. They had me at $480 a month but I brought it down $130.
So my only huge issue here is interest.

[richard200593]

Originally Posted by BaneSlayer

I'm young though. 18 lol. Not a mommy and daddys boy though. I wish... But I grew up fast. I live on my own, have a 40 hour work week job, and I had no other choice but to sign on my car by myself so my interest rate is really high, that is my issue. I'm really good at dealerships though. They had me at $480 a month but I brought it down $130.
So my only huge issue here is interest.

how long have you had your 6? In one year of making payments I went from not finding a dealership that would finance me at all no matter the interest rate to having a 6.9 (I know still not good at all but okay for no credit) interest rate on my camaro. a year is not very long when it's the difference between paying 10k extra on an interest rate

[Cam77]

Originally Posted by Zslash28

Don't let emotions drive this decision. Lots of miles and not a good trade. Stick with what you have and give it a year or two. You'll be able to score Left over 14s or 15s no problem.

This ^^

[SIN R G]

Have you found a bank that will give you a loan for 72 months on a 2010 model year?

[BaneSlayer]

I've had it 3 months. Not long but I had a hefty down payment, and the banks are still approving me. I could've gotten a GTO 6.0 a few weeks ago for less than in paying now. (Priced at $19,995). I'm just pretty blessed to have the ability to be getting to that point. But I have a dealership right now trying to sell me a 2008 Charger SRT8 with 65k milea and promised me $379 a month lol. I don't want another charger though. In love with camaros.

^ SIN, Santander is financing me now, but FSU Credit Union approved me for the GTO. I believe wells Fargo approved me at a Toyota Dealership too.

[Todd in Vancouver]

You've got a car that's reliable and good on fuel. Concentrate on paying it off which will help build you ur credit rating so the rate will be lower on the next loan.

Also think of this,min afew months the new sixth gen drops and what if you like it more? You may end up painting yourself into a corner you cant get out of. Always plan on being in a position that ifnsomething happens you will not be in financial ruin. Get you Camarompaid off and you'll be in very good shape for the next car whatever you choose. And I only wish Inhad a car that nice at your age. Good for you and enjoy your success for a while before jumping into something else.

[PalmerGA]

Originally Posted by BaneSlayer

I knew when I purchased my V6 that it was just an in-between car to get out of my Charger which was beat to death. So my next step was obviously an SS. So I found a 2010 Camaro 2SS, looks a lot like my current car. Asking $19,800. 88,000 on the dash.

My current payment is $351.61 a month.
I owe $14,000.
KBB is showing me $17,000 trade in value.
If I can get this car to $19,000, I have $3000 down cash, getting the car to $16,000. If I can get $16,000 financed to 72 months, hopefully I'm looking at below $400 a month.

A lot of numbers but I just want someone to be able to correct any mistakes before taking a trip to Gainesville. Now here's there link to the car:
http://murrayfordstarke.com/Jacksonv...-Car/37631794/

So what is you guy's overall opinion?
My car has 54,000 miles btw.
Thanks guys!

You are actually considering financing a high mileage five year old car for SIX YEARS? Are you insane? You will be so upside-down on your loan it will take years to get you in the black. Keep buying those lottery tickets - you never know.

Stick with what you have, pay it off, keep driving it while you save up some money, then go shopping... in a few years.

[Camaro310]

Get the V8.