Re: Downgrading the V8 :(
|
|
With the situation you are in, you may think you will be better off but IMO you won't be.
You have 2 years left on your current car, you want to jump into a 7 year contract. Maybe in the short time you will be worse off, but after 2 more years the loan will be gone and your running costs will be lower than a new loan. Lock yourself in for 7 more years and you will be paying off your car until 2021.
Pay off the XR8, once paid off save the loan repayments you would be paying on a new car for 5 years and you will have a nice amount in the bank, and you will be way out in front.
|