New car tomorrow(non camaro) possibly

[97one]

Originally Posted by TrickracenLS3

If you have to dip into savings or barely be able to put 1500 down, not even covering tax/license, sounds like you are not living within your means. Nice of you to tell the story you went on vacation, maybe you need a financial planner.

Sounds like you are not living within your means, That's 100% For Sure!

Refinance your 2014 Jeep and keep it until you have it PAID OFF !

[Waiting46]

+1 for refinancing, there's no reason to get a new car from what I can see, if youre just trying to save some liquid assets by getting in more debt there are better ways to do it

[dorifto65]

Another post that has zero relevance to 6th gen Camaros.

[AdvanSuper]

Originally Posted by dorifto65

Another post that has zero relevance to 6th gen Camaros.

Another post that has zero relevance to this thread.

Report it and stop whining.

[TrickracenLS3]

Originally Posted by stars_fan

Here in North Texas we call those people $30,000 millionaires

[Cam 6]

Originally Posted by ChefBorOzzy

If you go through with this purchase you'll still be upside down.. And I'd say probably be in the same boat 2 years down the road. Sounds like you guys want new things, which is fine.. However, some things you have to decide to wait on in order to be in a better position.

Not trying to get into the weeds here, but have a plan for regular contributions to a retirement account(s) if you don't already.

You'll thank yourself when you approach 60. It will make life a helluva lot easier.

[Modshack]

Originally Posted by TrickracenLS3

you need a financial planner.

Originally Posted by stars_fan

Here in North Texas we call those people $30,000 millionaires

We've got them here in Carolina too..
Saddest post I've read all day...

[kalimus]

I support the people saying refinance your current Jeep. All of your financial business aside, which is 100% your business and nobody here has a dog in that hunt, you loose your ass on most trade-in's during the first 2-3 years of ownership.

It's new enough that your bank may even re-finance it as a "new car". I think my bank is 2 model years old or newer. It qualifies you for a little better interest rates for the term that you want to refinance.

[shockandawe]

Go for it, sounds like a good deal!

[bybcous]

I got 21k for trade and the new car for invoice -500. Feels good to no longer be upside down on a loan.

[Chanman]

No matter how good your credit is, never go into debt that you don't have to absorb. From the sounds of things you are dealing with your wants rather than your needs. It's your money and your life, you are the one who has to live it. I understand you wanting the finer things in life, I mean who doesn't? But I would wait till you are in a better place financially. The best advice given by many is to refi your current to a lower interest rate.
Just my 2 cents. Good luck no matter what way you decide.


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[bpang1234]

Originally Posted by 97one

Sounds like you are not living within your means, That's 100% For Sure!

Refinance your 2014 Jeep and keep it until you have it PAID OFF !

Word X 2.

The best thing I have done is pay off my car loans all the way versus just recylcing into another car every few years. It's not as glamorous but gives you a lot more options on the other side.

I basically drove a 2004 Subaru for 9 years to pay it off and my other car off too. Went into 2015 owning both outright with a lot more options.

[motorhead]

Reads like you are heading for bad times again to me. Wow!

[insanity213]

Refi what you've got and drive it till the wheels fall off.

My Silverado is getting rough around the edges, but that old tough bastard is paid for and that's a beautiful thing.

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