Long story short, without getting into details on how I got into it from the first place,
I have a 2018 mustang gt with 12500 miles ( which I about last Nov) , I still owe 43500$ , my payments are 677 a month, I'm trying to lower my car payment as I'm looking for a house right now, and this high car payment is not helping me find a house that I want!
I went to a ford dealership who offered 32k for my mustang ( which is A good trade value for my car According to blue jelly book) for a new 2018 Ford Fusion SE MSRP 26k they gave me about 9500 off MSRP and then added 11k for my negative equity plus tax plus plus ect. Total finance about would be 34k and my payment would be 480$ with good credit which I have. I'm trying to push this down to 32k total amount financed with 0 down.
Would that be a good deal? As I will be saving about 220 a month plus 50$ less from lowering my insurance, is it worth it, if I'm planning to keep the Ford Fusion for a while! Thanks
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