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Owe more than it's worth... I'm upside down and I can't get up!

1160 messages, Last post on Oct 22, 2009 at 7:11 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: kyfdx (Dec 06, 2006 4:20 pm) |
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Replying to: kyfdx (Dec 06, 2006 8:18 pm)
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Replying to: lemko (Dec 07, 2006 7:40 am) Top that!!
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Replying to: kirstie_h (Dec 07, 2006 6:26 am)
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Replying to: ray80 (Dec 07, 2006 9:51 am) $500? For how long did you finance?
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Replying to: kirstie_h (Dec 07, 2006 9:55 am) |
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Replying to: kirstie_h (Dec 07, 2006 6:26 am) I just assumed that you were talking to me. (g) |
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Geesh! you guys ARE older than dirt! My first car payment EVER was on a new '97 Dodge Dakota. ~$350/mo. I've never had a payment lower than that since. For reference, my highest was my wife's Pilot at $525. |
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Replying to: div2 (Dec 06, 2006 7:42 pm) Funny, since I sold a Civic, and bought a 2006 Elantra (paid cash), and am happy that I did. The Elantra is a much better car than the previous generation Civic. When you've owned both as my wife and I have, you'll know what I mean. Hyundai, unfortunately, is still the laughing stock with some uninformed consumers, just as Honda and Toyota were back in the '60s and '70s. I remember when I bought my first Honda - a 600 coupe in 1972; people thought I was crazy, and laughed every time I drove the car. They're not laughing at Honda now, and those who make fun of Hyundai, will also not be laughing. Like Mikey was told (paraphrasing of course): "Drive one, you might like it!"
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Hyundai is trying to improve their image....yet, it will still be awhile before any significant changes will come about. Their long warranty is nice, much needed so I hear... One other thing--never ever finance a car for 84 months!! You are just asking for negative equity. Try to set it up for 60 months and pay if off early, if possible. The main thing is to get what you can afford in the first place and don't over-pay! |
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