Thursday, August 6, 2009

Should I keep this car or sell it?

I financed an 02 Altima with 76K 2 weeks ago. I bought it for $11,000 and financed $7000. The moment I drove off the lot i realized what a bad idea it was because I own a 99 NIssan Altima with 97K that is in great condition. I am 21 and I spent pretty much my entire bank account on this new car that I didnt even need. I can sell the old car and make about $4000 or I can try to sell the new car for about $11,000 get my money back and liive debt free. What should I do?



Should I keep this car or sell it?

The key to leading a successful and less stresful life ifs living debt free. Do not live beyond your means. I would sell the %26#039;02. You have a working car. I would sell the car, get your money back and start saving to purchase a house. There are great programs that give YOU money for buying a house. Don%26#039;t wast it on rent.



So after that long explanation, the answer is really , just sell the new car. But by reading your intitial question, you already knew that was the right thing to do.



PS. your %26#039;02 in good condition, with that milage is worth $8,995, and if it is perfect without a single flaw, is worth $9,720



Should I keep this car or sell it?

I doubt you could get what you paid for the 02%26#039; car. Have you looked up the book value on it? If not...do that and then you will have a better idea what your options are.



Should I keep this car or sell it?

if you dont want any debt sell the new one

No comments:

Post a Comment