Yah it's going to be a pretty big hit should you choose to trade it in. Good luck!

 

Sounds like you have taken full advantage of your credit limit...be careful...some of us remember the sting of higher interest rates!

 

Like 23% for mortgages!
(I was lucky. Mine only got as high as 14%.)

 

Sounds like my car is pretty much sold! Might be saying good bye to it as soon as mid-week

 

Dylan,

Wow! Congrats! I hope you fared better than you would have with the trade.
Again, thats excellent news!

Asif

 

It is a very small world in the car business. It seems like everyone knows everyone. The business manager over at High River knows Harry and Steve at 21st Century Auto, and those guys know Riaz over at North Hill Mazda (the dealer getting my brother his Mazda3)...

It hasn't taken these guys long to get a few buyers in place for my car.

High River is buying the car off me, then they're going to turn around and sell it to 21st Century Auto... this way I get GST credit on the trade-in amount and they can unload the car immediately.

Hopefully it all works out.

I also get a price on my house today (finally!)... very excited!

 

Last spring I was looking at a car that 21st Century had...then a couple of months later the same car was for sale at a place called ZR auto (or something like that) just off 17th ave SE for quite a bit less money....not sure how all these folks are related in this business.

 

21st Century auto and a lot of these other ones are all connected. A lot of the time what happens is they do a lease on a car, and the person that leased it doesn't make the payments, so they re-po. They had a '91 MR2 Turbo there that came back 4 times because of it.

The guy thats probably taking my car is going to lease it for $387 a month over 60 months and then have a buy-out of $15,000.

I'm not supposed to know this, but the guys there wanted to tell me whats going on with the deal.

 

So if you don't mind me asking, what price did you get for your car?

 

I'll let you know when I know... I really don't know exactly whats going on yet. Asif's dad has to get back to me still.