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Originally Posted by Roc3b
I have a friend that works the local German auctions up here...4.4 01's with my miles are rolling through for $19k-21K...due to gas and such...the bottom is falling out of these things also with the new body style coming out...so here is my plan...I have negative equity of $2k(after paying 29.5 in august) I am washing out for $700bucks and leasing and MDX 06 for $599 a month everything paid for 36 months....by then the new style will be 2 years old and I will then buy a CPO X5 new body style...so I stop the bleeding...wash out the negative equity...walk away an then buy the new body style two years old with a warranty...... for $700 bucks I have no headaches with repairs for three years...seems like a good deal no?
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From a financial standpoint, to get out of an upside down deal for $700, yeah, you can't beat that. I am with you on the need for a CPO. My next car will def. be one. 2 mortgages and expensive tastes leaves me little scratch for buying parts for cars. You damn well better stick around here after you let that X go!
Let me know via PM how you want to make a deal on that M wheel when you're ready.
JV