Honest Advice: Trying to Return to Honda
#1
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Honest Advice: Trying to Return to Honda
I'm 21 years old with a 2002 IS300, that has 60K miles. And I owe around 26K on the car. So I'm trying to come up with $4-5K and sell the car for $22-23K to pay off the loan.
Now I want to come back to the Honda/Acura community.
The cars I'm thinking about are the following:
- 2005 RSX-S
- 2004 TSX
- 2003 CL-S 6-speed
Now I'm coming from a RWD IS300 that I absolutely love. But I really need to get this loan paid off because I have so much inequity.
Or maybe just spend the $5K and boost the IS.
Now I want to come back to the Honda/Acura community.
The cars I'm thinking about are the following:
- 2005 RSX-S
- 2004 TSX
- 2003 CL-S 6-speed
Now I'm coming from a RWD IS300 that I absolutely love. But I really need to get this loan paid off because I have so much inequity.
Or maybe just spend the $5K and boost the IS.
#4
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It sounds like no matter which choice you select, you're gonna be pissing money away real fast. I'd get yourself out of the hole on the IS before you even think about buying a new car.
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I agree with all the above folks... but if you're going to choose between those 3, you can't go wrong with the TSX or the RSX. Do you need 2 doors or 4?
But yeah... like everyone else said, I'd rather drive a paid off POS than get upside-down on a nice car.
Good luck!
But yeah... like everyone else said, I'd rather drive a paid off POS than get upside-down on a nice car.
Good luck!
#7
Man, you sound like you're digging an even deeper hole, but it's your business.
Of the cars you mentioned, I traded an '01 CL S (very heavy feeling), for an'02 RSX S. Wonderful fun car. I drove the '05 TSX 6 speed and it's a nice car. Not much "go", but nice handling and great interior. I bought an '05 RSX S and I love it. Plenty of kick and handles great for a front driver. I really pleased with it.
If you kill yourself with payments, it's going to take the joy out of any car!
Of the cars you mentioned, I traded an '01 CL S (very heavy feeling), for an'02 RSX S. Wonderful fun car. I drove the '05 TSX 6 speed and it's a nice car. Not much "go", but nice handling and great interior. I bought an '05 RSX S and I love it. Plenty of kick and handles great for a front driver. I really pleased with it.
If you kill yourself with payments, it's going to take the joy out of any car!
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#9
Originally Posted by steve c,Sep 9 2005, 01:19 PM
Not sure I understand the premise.
You want to spend 5k to get out of negative equity on the IS300 so that you can buy another car?
You want to spend 5k to get out of negative equity on the IS300 so that you can buy another car?
pay down the IS, invest the money, save for a rainy day. negative equity won't go away with another car loan.