Johnny Rocket
New member
I drive a 2003 cadillac cts with 90,700 miles on it. I owe about 12,000 on it, and its only worth probably 7-8,000. Lately, the repairs have been mounting up, and these cars are not at all cheap to repair.... seeing that the value will only keep depreciating, and damages/wear will only get more frequent, i was wondering if it would be worth it to trade it toward a new car, even though i am upside down on it....
OH! and i am actually about to start a new job where car payments are a write off... and the commute is very long... so thats one of my main motivators for a new car...
my other option is to pay this off...and then trade.... which would take about 2 years... but im not sure if thats the best long run decision....especially since the car will be past 100,000 miles by then,,,
OH! and i am actually about to start a new job where car payments are a write off... and the commute is very long... so thats one of my main motivators for a new car...
my other option is to pay this off...and then trade.... which would take about 2 years... but im not sure if thats the best long run decision....especially since the car will be past 100,000 miles by then,,,