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What’s weird, is this is the first time I’m attached to a car I’m selling. Every other one I was happy to see go, so the decision is hard for me. I have a deal in place on a Mazda CX-5 using MZ DAIZY as a down payment. Just can’t quite pull the trigger... |
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brand new. Warranty is important. Wife loves it. More practical for this time of my life. AWD is important now. Creature comforts are awesome. Major bang for the buck. Downsides: It’s an SUV It’s a Mazda. I’m looking at what is going to be better for us 5 years down the line. A 10 year old Z or a 5 year old Mazda. Kicking the can, mostly. |
$25,000 pre or post accident?
If it's post accident I would take that any day and fall in love with something else. Let the finances make sense. |
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Rusty, I will need for you to help out MZ DAIZY with the half I'm giving you after I win lol |
I still say get rid of the Z $25k with minor cosmetic damage is fantastic regardless to any upgrades, proper care and what not.
In regards of the Mazda, understand that one of the biggest drawbacks of ALL Mazda's is road noise due to less insulation than your average vehicles. This is how they compete in all honesty being that they have the looks, power, performance and "some" reliability. Not counting their classic RWD models, almost all others I've owned and worked on are very slim on cabin insulation. Road noise is a big one for me and they are loud. |
What is the OTD price of the Mazda? And how much do you owe on your Z?
Keep in mind, inflation paired with higher rates and Fed Funds Rate drastically erodes your buying power and $25K doesn't get you as far as it used it. |
Better yet, why not keep your Z and trade in your wife's car? I thought you mentioned in another thread that she has a Kia?
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[QUOTE=vtec to vvel;4032286]Better yet, why not keep your Z and trade in your wife
Fify :tup: |
[QUOTE=redondoaveb;4032288]
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Mz Daizy, what ever you decide bro, just think it through.
It's not exactly the best time right now to be taking on additional debt. Feds raised rates 6 times this year, with 4 of them being 75 bps raises, and probably another raise in 12/2022 with more expected to come in 2023 to fight inflation. Feds are trying to discourage borrowed spending and lessening the money supply in the economy through quantitative tightening, so if a buyer does qualify for a car loan, they will be qualified at a lesser amount with a higher rate (more of your monthly payment will go towards interest rather than principal). |
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