Okay people. It is time to start getting ready to get the 2006 Z06.
This means you have to start paying down that loan FASTER than expected. My payment is $541. I have been paying $741, in 16 months, when the C6 Z06 is launched, I should have enough equity to be able to TRADE UP, and keep the same payment.
Thought I would throw that out there NOW since we have 16 months to go.
At 3.9% interest on the current loan balance (Wish I waited for 2004 and 0%) I don't see any advantage to aggressively paying down the loan to increase equity if depreciation will offset some of the equity increase.
Besides, living in a state where the sales tax is 8%+, if I trade in, even on an inflated trade value, I'm adding 8% to the value of the trade vs a private sale of my current ride. By reducing the taxable portion of the new sales price, I am reducing the amount I rollover finance to the new C6 Z06 note.
I'll do the math in 2006 (Or 2007) again, but for now it's payments as usual.
i will be waiting for the 07 z06. i kie them to get the bugs out first.
__________________
02 silver ZO6 -tint, C5R w/ stage II HID , turn signal black outs, lowered (most say slammed ) LGM homemade headers/off road pipes/x-pipe hurst shifter, borla stingers Reus Systems Custom Z06 Audio System and so much more...so much for being stock!!
Originally posted by qs_zo6 i will be waiting for the 07 z06. i kie them to get the bugs out first.
Mine will be paid for in '06 and I'll wait at least until '07 for a new Z. I'm not planning on trading this one in when the new one's come out.
__________________
MTI 383 Stroker Motor. 475 rwhp 450 rwtq. Sold to Kens06.
2006 Toyota Tacoma NCM # 23186
Life is tough, but it's tougher when you're stupid...John Wayne.
Si vis pacem, para bellum.
I always wait to find a preowned low mileage car with about 5,000 miles, or a dealer demo. That's how I got my 02 Z in September of 02 and saved $10,000.
In a big market like south florida, very low milage, like new cars are easy to find.
AutoForums.com is the premier network of enthusiast-owned
enthusiast-operated automotive communities.
We operate more than 100 automotive forums where our users consult peers for shopping information and advice, and share
experiences and opinions as a community.
) LGM homemade headers/off road pipes/x-pipe hurst shifter, borla stingers Reus Systems Custom Z06 Audio System and so much more...so much for being stock!! 
Mine will be paid for in '06 and I'll wait at least until '07 for a new Z. I'm not planning on trading this one in when the new one's come out.
Linear Mode
