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Mitsubishi phev

IrishdocIrishdoc PAPosts: 5
edited June 21 in General
I can buy a Mitsubishi phev 2019 new for $30,000. I'd be trading in a 2017 Mazda cx9 with 30,000 miles to bring the price down to $19,000 after trade in, tax rebates and dealer incentives. 72 months at 0%. Should I do it?

Comments

  • kyfdxkyfdx Posts: 160,161
    Irishdoc said:

    I can buy a Mitsubishi phev 2019 new for $30,000. I'd be trading in a 2017 Mazda cx9 with 30,000 miles to bring the price down to $19,000 after trade in, tax rebates and dealer incentives. 72 months at 0%. Should I do it?

    $19K to trade up two model years and 30K miles? For arguably, a lesser vehicle?

    I wouldn't do it..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • IrishdocIrishdoc PAPosts: 5
    edited June 21
    Yeah, good point. I think the boredom of the pandemic has been scrambling my brain lol

    Although I should add: it's actually a 2016 Mazda and I owe $9000 on it so I'd be spending $10,000 more than I would spend since I'd have to pay off the Mazda if I kept it.
  • kyfdxkyfdx Posts: 160,161
    Irishdoc said:

    Yeah, good point. I think the boredom of the pandemic has been scrambling my brain lol

    Although I should add: it's actually a 2016 Mazda and I owe $9000 on it so I'd be spending $10,000 more than I would spend since I'd have to pay off the Mazda if I kept it.

    Okay.. so, different car and different numbers.. lol.

    Make sure you really want the Mitsubishi. 0% financing for 72 months isn't full value, unless you keep the vehicle for six years.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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