So when me and my ex split I had to trade in her car which I co-signed on. Negative equity was like 9k.. and I didn't have the cash available (tax season) so I traded my paid off '14 Charger as well to absorb the hit.
I don't know why but I leased a CPO '15 Lexus. I drove all the cars on the lot and wasn't in love with any. I was there for almost 7 hours after work. I enjoyed the idea of driving a luxury car because of my occupation where it fits the "image" but hated how the Lexus felt. Anyways, I pay 460/mo for 36 months on this Lexus.
I want out of it. It's a nice car, but I miss my HEMI in my Charger. I miss the head space.. I miss the way it felt driving it. This Lexus feels just.. not right? I drive 20 miles to work every day and all around town and haven't gotten use to it. When I first drove my Charger it fit like a glove.
I have enough income and above avg. credit to finance a new '17 Charger. Only downside is I'll roll approx. 12k negative equity from my Lexus into the note. So instead of financing a 51k it'll be around 61k. I can afford the payment, which is close to 1k/mo.
My question is this.. lets say I do trade in my lease and roll the negative equity into a new finance.. does it make sense to buy a less expensive car (lets say the R/T instead for around 35k) or should I get a more expensive car (SRT) because it will depreciate less quickly and hold its value longer (but I'm paying for it)
I would rather pay more for what I want than pay less for what I hate, especially if I can afford it. Just want to some input or advice based on past experience?
Submitted May 02, 2017 at 08:48AM by canthelpmyself90 http://ift.tt/2prNFZy
