Need advice in downsizing
07-18-2010, 01:46 PM
#1
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Location: New York / New Jersey
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00 E320 Wagon 4matic
Need advice in downsizing
Thinking of downsizing from my 07 R350 to a 2000-2002 E320 wagon.
Tired of making that 600.00 monthly payment.
What would be the best way to go about doing that without shelling out money.
Its financed through MB Financial.
Any suggestions would be appreciated.
History: Leased it back in 2007 then bought it out at the end (2010). 8% APR
Been about 5 months on the finance.
Tired of making that 600.00 monthly payment.
What would be the best way to go about doing that without shelling out money.
Its financed through MB Financial.
Any suggestions would be appreciated.
History: Leased it back in 2007 then bought it out at the end (2010). 8% APR
Been about 5 months on the finance.
Last edited by magicman320; 07-18-2010 at 01:51 PM.
08-09-2010, 10:35 AM
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Here are current acution numbers:
Average Miles: 40,625
Above Average: $25,974
Average: $22,343
Below Average: $18,712
So you are pretty much in line depending on the miles.
We can probably knock a couple hundred off that payment by re-financing it for a rate in 4% range.
You can see quotes here: http://www.DriveItNow.com
Let me know your thoughts.
Average Miles: 40,625
Above Average: $25,974
Average: $22,343
Below Average: $18,712
So you are pretty much in line depending on the miles.
We can probably knock a couple hundred off that payment by re-financing it for a rate in 4% range.
You can see quotes here: http://www.DriveItNow.com
Let me know your thoughts.
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