Years financing a S650

[SuperZaynn]

anyone rolling negative equity has rocks WRT financial acumen. As they say, "if you find yourself in a hole, first stop digging"

Since the pandemic, if you have had negative equity, you were just screwed over completely in your deal.

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[Mspider]

I'm just saying you're comment almost making an excuse for people spending 45k-70k doesn't really make sense. If you're using a pickup truck to get from point A to B it is a terrible pick for people from a value point, just as much as a Mustang would be...

Both are not ideal yes. But the Truck can handle winter driving A LOT better, can fit a family of 4 or 5 with no problem, is safer, and could be used to transport family stuff. Overall a Truck makes a lot more sense to be used as a daily driver for most people compared to a mustang.

Remember we are comparing mustangs here. Of course the market offers a wide range of better daily drivers than Trucks and mustangs.

 

[SuperZaynn]

So you are piggybacking the difference between the leftover balance of your old loan (after trade-in and down payment) to your new loan?

Here’s a snippet of when I traded my Lexus in for my 21 California special at the beginning of 2022. 8k worth of positive equity, which took my mustang for 47k to 39k, then I trade the mustang in at the end of may and got 46k, so Nope not piggybacking off my old loans

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