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To buy or not to buy...help!

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Jeep24Dmb

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I agree completely! Thanks for the input. Tough to know which way to go. Can’t predict the future of a car.
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agpthng

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Hi everyone. Thanks in advance for any advice.

Long story short - I have a 2013 Accord. Leased it for 3 years and then bought it. Decided to finance for 6 years - DUMB. It has 96,000 on it and I can finally get more for it than I owe on it. I still owe $7,300 and can probably get $8,500. If I keep it I’ll have a 9 year old car by the time it’s paid off in 2022 with prob 120K on it.

So I either try to pay it off ASAP and hang onto it til it dies or take the equity I have and go get me my Wrangler that I’ve wanted for a long time. Tough call!

The wife says ditch it before it starts to give us headaches and issues. It has a CVT engine which scares me.

Thanks everyone!
Ditch it and buy a Wrangler!!!
 

dsgrey

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Not to talk you out of it but Honda has a decent CVT. My wife's Accord is still in the family and going strong. Now the rear wheel bearings are a faulty part with both being replaced but not expensive. Regarding insurance, I was in a 2016 Mazda 3 when I traded for the Wrangler. The Wrangler had an MSRP of $18k more than the Mazda when I bought it and now the Mazda is worth less after 3 years. My insurance actually went DOWN $20 a month. Of course your results may differ based on age, driving record and credit.
 

Rogues Gambit

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Not to talk you out of it but Honda has a decent CVT. My wife's Accord is still in the family and going strong. Now the rear wheel bearings are a faulty part with both being replaced but not expensive. Regarding insurance, I was in a 2016 Mazda 3 when I traded for the Wrangler. The Wrangler had an MSRP of $18k more than the Mazda when I bought it and now the Mazda is worth less after 3 years. My insurance actually went DOWN $20 a month. Of course your results may differ based on age, driving record and credit.
Remember though, life's short and you don't wanna die with too many regrets
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