2008 0% financing
I have seen on jeeps website. year end closing rates of 0% for 72 months.
at your payment 322.00 its like 23,000.
if you paid 700 per month (what im paying) cause i got capitol one loan at 7.79 (up the butt) its 50,000. 10,000 is like financing charge. the remaining 40,000 was for about 6,000 lost on trade in (2006 dodge charger). meaning i paid about 34,000 for my truck. The payoff is now about 22,000 and the listed trade is is about 12,000. So if I traded in i would be adding 10,000 to the price of a new car.
so if I got a new jeep for 34,000 and added the 10,000 lost on the trade thats 44,000 which divided at 72 months, is like 611.00
so i could get a brand new jeep, and save about 90.00 a month...but
I would be paying insurance on a new vehicle (1)
and , i would have about 36 more payments to pay it off(2)
since i am about half way thru the origional loan, id rather not spend 36 monthst of payments (611 x 36) is 22,000 (extra).
when if i pay it off, i can get a year end lease of a same new car for say the same price, 34,000 and pay 472.00 at a 0% rate.
Ill just ride it out. Plus once i own the car i can always ebay it and probabley get about 3000 for it, making a nice about to put down and then my payments might be around 400.00 a month.