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how much woudl i lose on this TRADE

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Old Jan 16, 2006 | 06:03 PM
  #1  
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how much woudl i lose on this TRADE

i have an 05 tb evo 8 ssl with 8500 miles, and im thinkn of tradin it for the eb evo ix non ssl.

here are the stats:
i still owe about 33k on the car
i was offered about 27k for the car from the dealer
i can get the evo ix for invoice - 29k
monthly payments of 600 right now.
i put a 5k downpayment on my car.


how much would i lose guys?

thansk a lot

albert
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Old Jan 16, 2006 | 06:08 PM
  #2  
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you answered your own question. The dealer offered you 27, you owe 33. I wouldn't trade it's not worth it for you.

You're upside down, just keep the 05 it's a great car, and you can upgrade everything on your car minus the mivec head.

IMO keep what you got.
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Old Jan 16, 2006 | 06:09 PM
  #3  
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From: NJ
You need to ask us? BTW don't you have leather seats from an IX for sale? So isn't this too late to ask anyway?

Here is the first post of the 9 seats.

Hey i have a set of leather recaros from my 06 evo 9. They have 500 miles on them. pm me or email me a offer. My email is evo4banga@tmail.com

thanks

Last edited by IEXCELR8; Jan 16, 2006 at 06:15 PM.
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Old Jan 16, 2006 | 06:09 PM
  #4  
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how do you owe 33k on an 05 evo. anywho

You are going to end up owing more because the balance will roll over to the other loan. Anytime you trade a car that new you are going to lose ALOT of money
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Old Jan 16, 2006 | 06:31 PM
  #5  
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i wouldn't trade it in if i were you... maybe for the X yes but the IX is so close to the VIII
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Old Jan 16, 2006 | 06:56 PM
  #6  
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From: Florida
He would have paid almost 38k for the car if he paid sticker + dock /tax/ dealer/ title etc.
Also your payments would be about the same they are now with the 9 because you still would be financing the same amount. 29k + 5k (old loan) + tax (less tax because of trade in deduction) + dealer and - $500 manufacturer repeat customer (if they still offer this). So you would finance maybe $800-1k more than before ($10-15 more a month)
In the end you would only be losing the $5k you put down on the evo 8 + the car payments you made already.
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Old Jan 16, 2006 | 07:04 PM
  #7  
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From: PA
yeah dont be stupid just keep ur car. Even if u get a 9 in a year there will be something "BETTER" out. I have an 03 and yeah the 9's are faster but I have 1 of the 1st EVOS out in the USA. Whatever new comes out u can match HP by upgrading
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Old Jan 16, 2006 | 08:00 PM
  #8  
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From: Edison nj
those arent his seats hes sellin. its for a friend who has a nine.
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Old Jan 16, 2006 | 08:06 PM
  #9  
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ok. thanks guys. i just drifted with all these mivec numbers haha
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Old Jan 16, 2006 | 08:07 PM
  #10  
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From: Dirty Jerzey
Talking

i thought i owed alot on my 05 at $20500 but i fell much better know thanks i would just keep it do some mods trade it in in 2-3 yrs
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Old Jan 16, 2006 | 08:24 PM
  #11  
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From: usa
haha i owe so much cuz i got the car like 4 months ago
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Old Jan 16, 2006 | 08:33 PM
  #12  
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From: Dirty Jerzey
i got mine about 9 months ago
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Old Jan 16, 2006 | 09:30 PM
  #13  
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From: usa
how high are your payments? i pay 600 a month with a 5000 downpayment. the final cost of my car was like 40k with taxes and everything financed with 4.4 percent
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Old Jan 16, 2006 | 10:15 PM
  #14  
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From: Down bai da Beach.
kinda OT but what would you guys do if you paid 29 OTD for a 05 ssl paid in full, and were looking for an evo9 rs?

i realize my finances are my own business but with the recent discoveries of the mivec head, it has me wondering if the 9 is the best bet to mod.
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Old Jan 17, 2006 | 06:45 AM
  #15  
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From: Dirty Jerzey
i pay $350 /$10000 @4%
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