Well fellas, I think its time to let her go. Im considering selling my beautiful Apex Silver 2003 Lancer Evolution 8. It has 56k miles on it (Highway) and it is VERY very Clean. I ve paid about 7k of it already. theres 19k left to be paid. It is pretty much stock: K&N drop-in, Forge MBC, TUrbo XS TBE, Autometer Boost gauge. I want to sell it because I want to start saving up for the Evo X/ LOWER My monthly payments, so Im looking to getting something cheaper and temporary, that will in that matter, allow me to save up. Do you think I would be benefiting tradeing it in for a 19k dollar car (a 9-3 Aero Saab turbo)? or How much would a dealer take my car in for? WOuld I be losing alot of money? What would be the best thing to do?

THis is what I was looking at:


What should I do?

 

if you really want to save, go get a beater car.. not another car that will depreciate and burn a bigger hole in your pocket

 

sure why not. sell it to buy a new car ... after 6- 9 months sell your new car and then buy another one and keep doing that for the rest of your life.

 

I just want something less expensive NOt a beater.

 

I don't understand. Why would you trade a $19,000 car for a $27,000 car to save money so you can buy a $33,000. You're gonna get burned twice with your trade in.

It seems to me if you want to save money, sell the EVO and buy a beater until you're ready for the X.

 

Evo VIII is a keeper, I got rid of my 1st and hated everything I drove. I now have another VIII. I will grow old with it.
Test drive everything you would consider B4 trading.
Maybee a refinance w/ a lower rate can put your payments where you want them.
Maybee another stage of mods will rekindle your love.
Or you just might be over it................................."For Now"

 

Im not buying the Saab New btw. Im getting a used one. The thing is I want to lower my monthly payments. If i can get my monthly payments lowered, i can save. Im paying 499 a month for an 03 Evo when I could be paying less.

 

why would you not roll in a beater? Can't be caught riding in something sub par?

you will be well on your way a lot quicker rolling around in cheaper car.

if this thread had read.. I'm waiting for the new X to come out so I'm just going to get a sab untill it does... it would have been different. but your TRYING to save.

all depends on how bad you want something.. what sacrifices you are willing to make.

 

All I want to know is if I get a 19k car will it lower my monthly payments? I want to pay less a month for something not too bad. Does a 19k Saab fit in this fact? Dont worry about how im gonna save by doing so, in my case, just by lowering my payments itll help me save, dont worry how, it just will. I just want to know if will I be able to do that?

 

Why not re-fi your Evo?

 

Good option! I can do that right? How many times can I refinance? and what do i need to qualify?

 

A $19k car will cost you around $390 per month +/- depending on your credit, but you'll still get burned twice on your trade ins.

 

your gonna pay ALOT of money for something that isn't close to an EVO. Think about it, u owe 19k and buy a car thats 33k. Your saab will be a $50K. Finish paying the EVO off...and trade it in for the X. You will not get much from any other dealership ( manufacturer ).

Mitsubishi offered me 24k a couple years ago for my 03' on tradein for a IX.
Honda offered me 14k for my EVO for s2k trade. Other dealerships will rape you harder in tradein value.

 

Explain how will I get burned TWICE?

 

Let your credit union know how much you've paid off. Tell them you want a better payment. They should work with you. If not them, someone will. All banks want your business they will try and beat eachothers rates.
I don't know how many times you can re-fi. As long as you want ttto pay interest I imagine.
Credit score and job security. Those are deciding factors. Along with liguid assets, or home equity.