Quote:
Originally Posted by wind.zero
Just my opinion but rolling over negative equity into a new auto loan is not a smart financial decision. You are just setting yourself up for a downward spiral of depreciation that is extremely hard to recover from without making substantially higher monthly payments.
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+1.........
znot smart at all.
Quote:
Originally Posted by nepali
Not that I am disrespecting your choice, but, why not enjoy your practically brand new Maxima for few more years and then look into getting a Z or another sports car when you are financially well off on your own?
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+1........
You have only had it for 11 months & only have 5,100 miles on it. You can always fix up the Max to your own liking (rims, lower it a bite, ground effects & etc). The Max is not an ugly looking car by any means. If your dad co-sign for you, then you are still building up credit regardless b/c your name is on the document. Now if payments stop & car gets repo, then both of your credit scores will be f**ked. So keep paying the note (you or your parents) & be happy that you have a nice car b/c it is better than not having anything at all.