Mitsubishi phev

Irishdoc

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?

kyfdx

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..

Irishdoc

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.

kyfdx

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.