Officially under 17k!

Kinja'd!!! "mazda616" (mazda616)
09/24/2016 at 10:15 • Filed to: mazda6

Kinja'd!!!5 Kinja'd!!! 16

$16,971.58 is my current principal balance on my car. I’m hoping to stay ahead of being upside down, but you never know. I keep an eye on its Blue Book, NADA, and Edmunds values. I’ll make some extra principal payments if it gets close.

Kinja'd!!!

I didn't do the smartest thing when I financed (because I did a 72 month loan), but it could be worse.


DISCUSSION (16)


Kinja'd!!! Nerd-Vol > mazda616
09/24/2016 at 10:22

Kinja'd!!!0

Yep, I’m on a 72 month note on my 2016 3. I’ve started to do the same.


Kinja'd!!! jimz > mazda616
09/24/2016 at 10:24

Kinja'd!!!0

what color is that? I think I like it.


Kinja'd!!! whoarder is tellurium > mazda616
09/24/2016 at 10:34

Kinja'd!!!0

I just bit the bullet and paid off the remaining $8800 balance on my car.

The amount I paid monthly will just get used up someplace else :(


Kinja'd!!! mazda616 > jimz
09/24/2016 at 10:41

Kinja'd!!!0

Kinja'd!!!

Deep Crystal Blue Mica. It’s a great color!


Kinja'd!!! mazda616 > Nerd-Vol
09/24/2016 at 10:41

Kinja'd!!!0

Good to see I am not the only one! I hope to have it paid off before the 72 months, but who knows. I plan to keep it a long, long time either way.


Kinja'd!!! The Crazy Kanuck; RIP Oppositelock > mazda616
09/24/2016 at 10:56

Kinja'd!!!0

I have not even paid off my old loan yet. I carried over $1600, and so far have made 3 payments ($316/month).


Kinja'd!!! EL_ULY > mazda616
09/24/2016 at 11:02

Kinja'd!!!0

is that a Mazda 3 or 6?

My brother just picked up a Mazda 5 yesterday that color. It is a truly rad car! So awesome!


Kinja'd!!! Nerd-Vol > mazda616
09/24/2016 at 11:13

Kinja'd!!!1

Yep! 72 is a popular term length.

I can’t believe some places offer 84+ months. Not a good idea.


Kinja'd!!! LongbowMkII > Nerd-Vol
09/24/2016 at 11:16

Kinja'd!!!0

There’s a USED lot that offers 96 MONTH term. Holy shit.


Kinja'd!!! Nerd-Vol > mazda616
09/24/2016 at 11:19

Kinja'd!!!1

That was my first color choice for my 3 but finding a manual is difficult. Even for dealer employees.

Kinja'd!!!


Kinja'd!!! jimz > LongbowMkII
09/24/2016 at 11:23

Kinja'd!!!0

what’s its name, “Last Resort Motors?”


Kinja'd!!! jimz > mazda616
09/24/2016 at 11:26

Kinja'd!!!0

the world needs more colors like that. Ford’s “Green Gem” is another good one. Mercedes-Benz, on the other hand, doesn’t seem to know what “color” is. These are the available colors on the S-Class:

Kinja'd!!!


Kinja'd!!! mazda616 > EL_ULY
09/24/2016 at 11:36

Kinja'd!!!0

A 6.

I upgraded from a 2008 3 hatchback. The 6 holds a baby seat better.


Kinja'd!!! Nerd-Vol > LongbowMkII
09/24/2016 at 12:25

Kinja'd!!!0

Hello subprime car loan crisis.


Kinja'd!!! LongbowMkII > jimz
09/24/2016 at 14:02

Kinja'd!!!0

It’s actually our new Acura dealer’s used car lot.


Kinja'd!!! LongbowMkII > Nerd-Vol
09/24/2016 at 14:03

Kinja'd!!!0

Making payments on a 2006 mustang in 2024 makes TOTAL sense.