Scrib

You'll need to put a lot mre down than $5K to get your payments at $350. This is assuming you're looking to by new, not used. And does the $350 even include taxes? If so, you'll need even more down.

Loco

For the 50th time, I'm buying used.

Scrib

Thanks for clarifying.

fast-tl

Even better to use my suggestion, since after you sell both cars to the dealer, apply only $7500 to the purchase of the TL, put the balance in the savings account for the house. problem solved. Whether you buy the car today or next month, you DO realize you'll STILL get the insurance discount next month, right?

Don't be one of those guys who asks for advice and then doesn't take it. Why'd you ask in the first place?

Loco

Sell my cars to the dealer? You're kidding right? Why would I lose $ & sell them to a dealer? They will be sold privately.

I already went over the insurance situation.

Don't be one of those guys who e-thugs because someone did not do what you said. FYI, my mind is not made up, but I am leaning heavily toward keeping what I have & buying a car at a much later date.

fast-tl

Trading = selling to the dealer. Earlier you didn't balk at the idea, and you even discussed how you coiuld do that but not use all the money for the new car. I don't see why you're now surprised. When you trade a car, you are selling it to the dealer, who then subtracts that amount from the price of the new car. But since you've decided to wait, nevermind. I see you ARE all over the place with what to do with your cars. BTW, I've never heard of e-thugging, but your berst bet is to wait and pay down your debt to get more breathing room than 50% in your budget.

Loco

I never said I was trading either of my cars in. I WILL NOT BE DOING THAT!!!!!!!!

I don't have any debt to pay down (w/the exception of the small personal loan, less than $3k, I have) I pay normal bills each month!

fast-tl

OK, OK. Whew, well since you said you had a DTIR of 50%, that was the basis of saying pay down some debt. In your case, I guess you should trim some fat from the budget, get a roommate, somthing to free up some cash. Good luck.

JWhite1301

Your insurance is ridiculous.

Mine is:

74--05 TL
52--04 4 Runner
13--911s
8--TR6

These are all FULL coverage and monthly prices. If you do not drive the mustang over 5k miles a year, reclass it.

Loco

Yes it is. NJ will do that

Loco

There's nothing to trim. I'm not ditching cable or internet.

I live w/my gf & she gives me $200 a month for the rent & pays for other things. I could use that $ each month for a car payment, but that would be stupid.