I currently drive a 2007 Hyundai Elantra and receive 32 MPG on the highway where I do 90% of my driving. But I am looking at a 2009 Toyota Prius that should get around 50+ on the hwy. I will save approximately $150/month with the Prius (around $18000 total) but do not know if it is worth it.
I owe $9000 (car payment = $349)
Its worth $5000
So, I am upside down $4000. Should I just try my best to pay off before the Hyundai
's 100,000 mile warranty expires and then sell it then?
I calculated 3.42/gallon in Tennessee and rounded up to $150 in savings.
I also used my average of 3000 miles/month. I do a lot of business travel.
I owe $9000 (car payment = $349)
Its worth $5000
So, I am upside down $4000. Should I just try my best to pay off before the Hyundai
's 100,000 mile warranty expires and then sell it then?
I calculated 3.42/gallon in Tennessee and rounded up to $150 in savings.
I also used my average of 3000 miles/month. I do a lot of business travel.