r/askcarbuyingwarriors

▲ 2 r/askcarbuyingwarriors+2 crossposts

Negative equity worth it?

Hello I owe $31K on my GMC. I am trying to get rid of it by selling it to carmax as it’s the only company offering the highest amount of $23,400. That would put me at about $8K in negative equity. GMC has given me so many problems that I am looking into getting into a Toyota. Is there any advice yall can give me. The $8k will obviously go into the new car loan correct?

reddit.com
u/GuavaCautious4842 — 21 hours ago
▲ 0 r/askcarbuyingwarriors+2 crossposts

Let’s try this again with out doxxing myself lol. Is this a good deal?

Money factor is .0025 payment will be 800 a month for 36 month lease because we did 10,000 miles instead. It is a 26 hybrid prestige with the entertainment system, fancy floor mats and pretty much everything. Residual Is 34,638. Is It a good deal?

u/Super_Frosty_Cape — 13 days ago