You do realize that $3,000 divided by $170 is 17, right? Basically, with the $3k you are willing to put down on the Taco, you could pay the extra $170 a month payment for 1 1/2 years. So, really, you wouldn't save squat for at least that long. Then take into depreciation on the Taco and the negativity equity in the Jeep and it really makes no sense at all. Good luck.No no worries. I appreciate the help and don’t mind any opinions. Well I owe 41,500 on the rubi and the second dealership gave me an online appraisal between 36,300 to 39,500. I figure if I can try to get the high side of the appraisal, that will leave me 2-3 grand negative equity. I can put 3 grand down, so hopefully that will cancel the beg equity out.
Then they offered me an online price of 34 grand for a 4x4 taco TRD off road. Idk how much more I can knock it down in person, but if I can roll everything into a 35,500 max loan with my 3 grand down, I’d be saving like almost 170 bucks a month in payments (idk how much can I bring the price down farther?)
I’m a Jeep guy all the way, but I figure I’ll get a truck until I can get back on my feet in 3 years and possibly look at the scrambler or a 2 door 2021 Wrangler. Trust me, I love my manual Jeep
Edit: the Colorado is about 4 grand cheaper than a taco, but I figure resale value on the taco will help me in the long run