Honda Car Forum

csmith77449 · #1 (**permalink**) 18 Mar 2009, 06:46 am

I own a 2008 Honda Civic, and I owe $7,000 more than what it is worth. I want to trade it in for a older car so that my monthly payments will be cheaper. Is this a smart idea? What are the pros/cons?

Billy bob jr. · #2 (**permalink**) 18 Mar 2009, 07:01 am

pro- cheapercons- paying for the repair bills

smith c · #3 (**permalink**) 18 Mar 2009, 07:16 am

IT all depends on what car you want to get besides the Civic. Just remember that honda is the top most reliable vhiecle in the market. with the best resale value. Even though the payments for the car are costly . In the end , its better to pay the monthly payments on the car then having in the car in the shop all the Time. I would think about that honda tend to last way past 150k , so you will be saving alot of money on gas (40 mpg highway) and you dont have to worry about having the car in the shop all the time.

bailie28 · #4 (**permalink**) 18 Mar 2009, 07:31 am

nope you will eat that 7 grand up ..they will only add it to the price of the older car...so you will still pay it..and have nothing to s how for it

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