
Originally Posted by
svra42.8
The Z06 I owe around 30k on. I am positive I can snag 42k on the forums privately selling. So that is a 12k difference...let’s just say 10k to leave some wiggle room. 37k trade?
The E60 is paid for. Probably worth about 12k on the used market privately. Let’s say 9 grand trade?
The S4 I found is 46k. I would be in a better financial spot no doubt selling both and consolidating into a lower car payment. That was not the main concern since I don't mind the Vette payment. The Z has no warranty and is fairly expensive if shit hits the fan. The E60 well its already expensive. I wanted to find a car that is good all year with warranty. Something that can still get my heart going and not look like some teenager in a STi. No offence to Sti owners. To me the S4 fits the bill. Whether or not me being happy with one car vs the other is questionable but I could always buy another toy without payments. My e60 is a joy to drive daily but I have been thinking to myself why do this to myself. Get a car with a warranty and just relax. No more wrenching other than the occasional mod. I'm very indecisive if you cannot tell. My two favorite cars I have owned have been the B7 S4 and my Z06.
For cash-flow purposes, get rid of both. You'll have plenty of fun in the S4.
For convenience, trade one and sell one, unless the dealer gives you a fair trade on both. My gut says they'll smell an opportunity to screw you with two. Depending where you are, you'll save about 8-10% of the trade-in value in taxes. You can use that to decide if you'd make more on a private deal.
- The E60 sounds too old to get a decent value on a trade, however, it will get you additional incentives with Audi. At the same time, with all the issues you describe, trade it and be done.
- The Z06 sounds like it has street value. Get a trade-in estimate at the dealer, add the 8-10%, then make a call to sell it.
Tell us about the S4 for $46K, including options, sticker, and itemization of the incentives. You might be able to get a "better" car and/or a better price. For example, at a minimum you need a rear sport differential.
I'm curious about your payments and term on the Z06. You don't have to share, but it would be an interesting strategy to borrow less for the S4 (saves payments) and tweak the term shorter to increase the payment to something in your budget. The logic is, you can pay off the car sooner, and after you do, you can allow yourself to mod it. In addition, with fewer repairs to pay for, you might afford a higher payment (or just take a breather).
...my $0.02
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