my 2011 dilema
Extreme HDF Member
Joined: Dec 2010
Posts: 14,778
Likes: 69
From: Badlands of ND
Exactly what I was thinking. Somebody else said to keep it and just keep the payments going. I agree, you will not net enough cash after you pay it off to make much of a difference.
Stellar HDF Member
Joined: May 2007
Posts: 3,259
Likes: 523
From: USA
OP...
You lose the $1000 collision deductable.
You will lose sales tax and registration paid.
You may be able to get the Extended Warranty refunded.
Just maybe you will get into the $9,000's, yet I think your sale/ offers will be in the $8,000s'.
Formula: Vehcile Cost (less tax, reg, warranty) less new vehicle depreciation first year of maybe 20% (even with 14 miles) and less collision maybe another minus of 10% plus warranty refund.
Good luck.
You lose the $1000 collision deductable.
You will lose sales tax and registration paid.
You may be able to get the Extended Warranty refunded.
Just maybe you will get into the $9,000's, yet I think your sale/ offers will be in the $8,000s'.
Formula: Vehcile Cost (less tax, reg, warranty) less new vehicle depreciation first year of maybe 20% (even with 14 miles) and less collision maybe another minus of 10% plus warranty refund.
Good luck.
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