I actually love her. She doesn’t have good credit she’s working on getting a credit card. It happens. But i digress I was just curious if rolling over a 10k negative was possible and with which brand would I have the most success.
1 Like
I don’t see any reason to hold on to the mustang it would just sit there unused and being paid for
Obviously it’s possible, just have to pay off that 10k in additional payments. Try going back to Ford. If anyone, they should be more likely to deal with you as a repeated customer.
Fair enough. I haven’t given Ford a thought because I was focused more so on picking anyone that offered the highest incentives this month to help me not have to owe the entire 10k and so far i only have Lexus and now looking into Volvo and I’ll look into Ford.
Off topic I’m sure the lurkers who look on here to learn have a question similar to this because everyone I know who wants to lease are upside down on their current car and want a genuine answer to such a question other then just wait to pay it off. That’s the obvious choice, but not always a choice they can accept. Due to life situations
1 Like
Please post your numbers. Can’t help without the facts.
No matter who you go with, you will owe the entire $10k. Just because Lexus has a $6k incentive on the RC doesn’t mean that you have any less neg equity. The $6k will apply to the RC deal, then you will still add $10k on top.
Whatever you do it’s going to be some work to get a deal that you feel good about and not get hosed. I didn’t read every post but perhaps you could look for on of the MB C300 loaners people are grabbing up. If you add the negative equity into the low selling price you probably will stay under negative equity for the less and should be able to keep the payment under $600.
Or as a lower cost option, get your girlfriend some zoloft, xanax or any of those other anti-anxiety medication that every kid seem to “need” these days.
Agreed. But it would look better towards the banks accepting it? I know it doesn’t disappear but rolling over 3k after incentives and 1k down payment would look better then trying to just roll over 10k towards discounted msrp etc.? In the case at Ford would be
I willing to pay at most 750 a month if I truly had to so 600 or less would be completely acceptable currently so I will look into that as well
I also agree with the meds but being someone who’s still in withdrawal from a metal meds. I don’t wish that on anyone. They are helpful but I’d they can be avoided you shouldn’t take them
Your best bet is a deeply discounted loaner c300 or e300, with decent credit and good income, MBFS will allow a lot of negative equity, I did plenty of these leases in the past.
For example, negotiate 15k off an E300, roll your 10k in, MBFS looks at it as you are leasing a car with 5k off the msrp.
2 Likes
I am not to intrude on someone’s financial situation, have my own, so can only advise not to try reacting instead of planing. Couple of poor financial decisions can really wreck your future, that’s a lot more painful imo than girlfriend “suffering” to drive a Mustang.
Yes, rush and ripoff are never good especially in one sentence.
I’d recommend to forget about a lease or anything else at this point, just let it be, including the girlfriend.
1 Like
wish op posted more details. how can a car have so much negative equity? also, he mentioned he got a bad rate, perhaps it would worth it to refinance with a credit union. as far as the gf, it takes time to build confidence, drive with her on the weekends, tell her big cars are safer, point out little ladies driving a chevy suburban, etc.
I really need to speak to you about a situation .
2 Likes