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Old 05-24-2011, 07:53 PM   #1
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But that leaves 2 cars for one person, and even with money not being an issue, space might be.
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Old 05-24-2011, 08:24 PM   #2
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Quote:
Originally Posted by shinlee View Post
But that leaves 2 cars for one person, and even with money not being an issue, space might be.
Precisely.

If I went for lets say a honda civic SI, 26,000k + tax I'd be at like 32k. So if I trade in the Yaris after making 240$ Monthly payments for a year which its original price was 20,430$ with taxes.

Let's do math.

12 x 340 = 4080$ (What I've paid so far)

20,430 - 4080$ = 16,350$ owing (Yaris total minus what has been paid)

So now lets add 16,350$ of Yaris to the 32k of a Honda Civic Si

16,350 + 32,000 = 48,350$

Now that is what I'd owe adding my total debt of my 2010 Yaris, and 2012 Civic Si.

Now we'll minus what a dealer would give me for it, let's say its KBB is 10-12k value, so a dealer will probably moke me and offer a low 8k.


48,350$ - 8,000$ = 48,350$ owed in the time of 5 years and that is not including interest I think?

Did anyone see a flaw in my calculations?
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Old 05-24-2011, 09:33 PM   #3
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Yeah, $48,350 - $8,000 = $40,350 not $48,350
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Old 05-24-2011, 09:55 PM   #4
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Yeah, $48,350 - $8,000 = $40,350 not $48,350
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