In honor of the possible settlement this week ive been trying to see what the best case scenario is for my Jetta TDI.(2012 in Texas with Nav, Fender, Sunroof at 78K). Im back and forth on sell early or late and ive tried to do the math but not sure it makes sense yet.
The TDI is currently financed and is my most expensive vehicle to insure and if i sell now i would take the money and get a cash car. The jetta is my daily driver from Rosenberg to downtown and thats about it other than short trips with wife and i as 3 car seats fit much better in the suburban.
Calculator used (https://agrahamg.github.io/VWBuybackCalculator/)
Sell in Nov 16 - Under 80K miles - Payment $20117, Payoff $9580, Cash Sum $10537
Sell in Oct 18 - Under 115K miles - Payment 19427, Payoff 4405, Cash Sum $9157, Payments made $-5865
Negating insurance an maintenance it would cost est $60/month for the car over the two years. i could refi and get better rate etc to change the payments or pay early to change that but i just see why keeping it vs cash vehicle would be better. Am i missing it?
the follow up would be suggestions for 10K car to replace the jetta with decent to drive car (spend 2.5 hrs a day in the car) and not hard to work with or decently reliable.
Edit: requirements for the car need to be: have backseat, not manual, would like sunroof/memory seat and aux or bluetooth
The TDI is currently financed and is my most expensive vehicle to insure and if i sell now i would take the money and get a cash car. The jetta is my daily driver from Rosenberg to downtown and thats about it other than short trips with wife and i as 3 car seats fit much better in the suburban.
Calculator used (https://agrahamg.github.io/VWBuybackCalculator/)
Sell in Nov 16 - Under 80K miles - Payment $20117, Payoff $9580, Cash Sum $10537
Sell in Oct 18 - Under 115K miles - Payment 19427, Payoff 4405, Cash Sum $9157, Payments made $-5865
Negating insurance an maintenance it would cost est $60/month for the car over the two years. i could refi and get better rate etc to change the payments or pay early to change that but i just see why keeping it vs cash vehicle would be better. Am i missing it?
the follow up would be suggestions for 10K car to replace the jetta with decent to drive car (spend 2.5 hrs a day in the car) and not hard to work with or decently reliable.
Edit: requirements for the car need to be: have backseat, not manual, would like sunroof/memory seat and aux or bluetooth