Alright, I need some help with the best route to getting a new(to me) vehicle.
Here's where I'm at:
2007 Nissan Xterra Off Road (119,000 Miles) I owe just under $10,000
Retail is $9,000
Trade in about $6,000
So I'm upside down on her. Here's where it gets interesting. I need about $2000 worth of work done to her.
With the miles being at 120k+ I would rather not put $2000 into the truck, because of me being upside down.. the money I put in is going nowhere.
The truck wont last long without the work.. and I need something better on fuel for all the miles I'm commuting anyway. (50+ per day)
How should I get out of this? What route should I take? and what makes sense not only to my pocket now, but to my savings later on?
Anyone have any advice?
Older used car with moderate miles?
Newer car with low miles?
Lease?
thanks
Here's where I'm at:
2007 Nissan Xterra Off Road (119,000 Miles) I owe just under $10,000
Retail is $9,000
Trade in about $6,000
So I'm upside down on her. Here's where it gets interesting. I need about $2000 worth of work done to her.
With the miles being at 120k+ I would rather not put $2000 into the truck, because of me being upside down.. the money I put in is going nowhere.
The truck wont last long without the work.. and I need something better on fuel for all the miles I'm commuting anyway. (50+ per day)
How should I get out of this? What route should I take? and what makes sense not only to my pocket now, but to my savings later on?
Anyone have any advice?
Older used car with moderate miles?
Newer car with low miles?
Lease?
thanks
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