Originally Posted by Aero Blue
I went to a local Mitsubishi just to see what my car appraises at and guess what, with 7,800 miles on it, it went for $18.5K! The buyout is about $25K, so if I were to try and get into another car, I'd have to roll $7K worth of negative equity into it, NO WAY IN HECK! I like my car, don't get me wrong, but sometimes I'd like to have something I can drive year round, "hein sight is always 20/20". I remember when I leased the car they told me the buyout in the summer of 2008 would be $14K, yeah right, like the car is going to be worth that, give me a break.
You are where I was a year ago.