Well, I bought my Evo X in may and I was financed from a local bank here. My note right now is $720. I put only $2,000 down and they gave me a high interest percentage (I forgot exactly how much). Well, now I'm having financal issues since I don't work as much as I use to. I am seriously thinking about selling the car because the note is too high each month and it would be a burden to me for 5 years.

The think is, I still would like to have an X. Now that I hear that they have offers like 0% financing and they are leasing the X's, I want to do something like that rather than me paying soo much.

So I was wondering, is their a way that I can trade an X for another one and get the 0% or lease like that? Or should I sell the car, and try to get another one down the road. Any advice would be helpful since this is the first car I've owned.

Thanks

 

You're going to lose money on the trade. You need to figure out how much you're losing, and how much you're going to save over 5 years with 0% financing, and see if it's worth it.

The other thing to consider is your credit score. You need a FICO of 700+ to qualify for the 0% financing.