I’d go for that deal.
If you can get 0% or even 1.9% financing, you’re in good shape. That’s a lot of savings.
Could you get more by selling your Explorer privately? If you’re not in a hurry, that might be a way to get closer to its full value.
Crosby said:
Could you get more by selling your Explorer privately? If you’re not in a hurry, that might be a way to get closer to its full value.
My Explorer’s worth about $23,500, and they offered me $21,800. I went with the deal in the end. I could’ve probably squeezed out another $1k, but the 0% interest kind of balanced things out. They did sneak in about $350 in extra fees, plus two unexpected finance fees, but by the time we finished at 10 pm, I was ready to wrap it up.
@Zoren
Sounds like you got close enough to trade-in value! Congrats on the new truck!
Honestly, the biggest money-saver would be keeping your current car and paying it off. That way, you avoid getting caught in the car payment cycle.
Selling the Explorer privately could give you a better return than trading it in.
Not to be harsh, but you know your budget and the MSRP. Only you can decide if it’s worth it.
Milan said:
Not to be harsh, but you know your budget and the MSRP. Only you can decide if it’s worth it.
I get that. I’m just new to the Lightning market and wanted to check if others have found better deals.