Originally Posted by cross><hair
Do me a favor (and don't laugh) my wife and I test drove a dozen standard to luxo SUV's ranging from the Lexus RX350, Infinity FX, Lincoln MKX, and so on. The one we ended up going with which was, by far, the most spacious, comfortable, and easy to access- the Ford Flex. Up until this date I've never owned a single Ford in my life but we are very happy with it! PS They offer 0% financing PLUS $1500 rebate on left-over 09s. This is the first time I've had an auto loan with no interest- it's great!
Nothing to laugh about...in case you haven't noticed, the Ford Flex looks almost exactly like the Lincoln crossover (MKX?). The only difference I can see is the grill, nicer interior, and a huge price difference. My husband likes them, but I don't...and since it'll be my car, I win.
So guys...help me understand something please. A few posts above, Jim explained the tax implications with a trade-in. Let's say I get $15,000 trade on my vehicle, but I still have a loan on it for around $15,000 as well. Do I still get that $900 savings (assuming a 6% tax rate)?