Right the loan with the evo lets say is 18K but the car is worth 22K so i have $4,000 in play room with the evo if i need to get rid of it.

 

but if the evo is selling for 6k less than book - wouldn't it be long gone by now if the true value was 22...

i didn't those things had a very good re-sale (much less than an s2k)

Just talked to a guy who i respect when it comes to money - he makes a TON of it

he says the value of the evo is what you pay for it - nothing more

 

They have an amazing resale. they hold their value very well.

 

http://www.edmunds.com/used/2004/mitsubish...Action=vdpprice

Dealer Trade-In

$17,653

private sale

$19,146

Dealer retail
$20,367

where are you getting 22?

 

sell the car - save your money and buy yourself a house -

i wish i did that when i was your age (i sound like a person already)

that would be your BEST bet -

 

Dude.....get a copy of your credit report and look at the inquiries....you'll more likely than not see the loan company that got you approved........

 

I thought we were using hypatheticical situations here but here you go

http://www.kbb.com/KBB/UsedCars/PricingRep...uizConditions=0

 

KBB is about hypothetical as you can get.....hate 'em

 

Im just saying, im frustrated cause they are messing me around.

 

Listen to Steve. Forgo the debt for when you can afford it. You don't want to be stuck in a cycle of oweing money on a car for life. I'm glad I waited on purchasing the S myself. No car payments equal goodness.

Hope it all works out for you.