Question:

Question about purchasing a new car?

by  |  earlier

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recently i had a 2003 mustang GT. It unfortunatly was tapped (when selling it, the ammount owed on the car was higher than trade in value), so i traded it in towards a 2008 honda accord. Unfortunatly i had to roll over 4500 to the accord account. now here is the big problem. i hate the car. ive had it for about 3 weeks. i dont like it, i miss my mustang. I saw a nice mustang for sale for 18000 now. its unbelievable. is it possile to get that mustang? i dont know if it makesa difference but i have gap insurence on the car. please help me in my crisis

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2 ANSWERS


  1. Rolling negative equity is a downward spiral, if you keep doing this, you are in trouble.  Don't do it.  Honda is a good car, use it for work, it's good on gas and will go forever.  If you need a sports car, buy an older mustang for just a couple grand, and make it a project.


  2. Stop trading cars in until you clean up your finance mess.  Didn't you test drive the Accord before you buy it?

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