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Reply to "Fix broken car or trade in and have 2 auto loans? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What would car payments be on a new car? How many miles do you have on the 2010? I don't mind spending a couple thousand per year to keep my older car running, because any new car I buy will likely cost me $500/month in car payments. [/quote] I have 160k on the car. I commuted heavily on this car last 4 years but now my commute is over. This car was only 250$ per month, and if I take a new one I will trade this one in and probably add another 10k so my payment low again. But I am just thinking if I it's worth to keep it for another year or not? In a year I probably will get much less for trading in. I was also thinking about lease but worry about miles.[/quote] 160k miles I meant [/quote]
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