All you finance experts

[ratae1950]

Originally Posted by Carolina

What is a mensch?

Edited: Thank you, I just looked up "mensch". Yes, he is one!

My lovely wife is Jewish so I get use these Yiddish terms.

[Tools]

Hmmm.......let's see...

Driving around North Carolina in a Ford Pickup....or a Honda Civic.....

I don't think that you could come up with enough math to make me do that trade..........

[mlehman]

well, my take is (being a car dealer among other things)sell your truckbprivate and buy a used low milage 2007-08 civic..

you get the most money out of your truck and a Civic that has already depreciated ...
I never understood buying a new car(unless you are a company)..pay cash for a good used car and look how much you save monthly

[mlehman]

2007 Honda Civic 4dr Ex


05/19/09 BIG H Lease $15,400 7,057 Above SILVER 4G A Yes
05/29/09 NEVADA Lease $14,000 7,519 Avg GOLD 4G A Yes
05/26/09 FAAO Regular $14,100 11,374 Avg RED 4G A Yes
06/03/09 SEATTLE Regular $14,350 14,346 Above WHITE 4G A Yes
05/21/09 SO CAL Lease $14,900 14,939 Above GRAY 4G A Yes
05/15/09 MANHEIM Regular $13,500 15,627 Avg HLUE 4G A Yes
05/15/09 NEVADA Factory $15,000 16,903 Above GRAY 4G A Yes
05/22/09 MANHEIM Regular $14,300 17,051 Above RED 4G A Yes
06/01/09 AYCOCK Regular $14,000 17,329 Avg SILVER 4G A Yes
06/04/09 SO CAL Lease $14,800 17,495 Above BLUE 4G A Yes
05/21/09 CHICAGO Lease $11,200 17,786 Below BLACK 4G A Yes
06/04/09 CHICAGO Lease $9,000 18,679 Below BLUE 4G A No
05/29/09 NEVADA Lease $14,300 18,736 Above BLUE 4G A Yes
05/29/09 MANHEIM Lease $14,700 18,787 Above NIGHTBLK 4G A Yes
05/21/09 SO CAL Lease $14,200 18,837 Avg BLUE 4G A Yes
06/03/09 CADE Regular $13,400 19,225 Avg SILVER 4G A Yes
05/19/09 LOUISVLL Factory $13,750 19,231 Avg GREY 4G A Yes
06/11/09 W PALM Regular $12,800 19,481 Avg BLUE 4G A Yes
06/05/09 NEVADA Lease $13,900 19,866 Avg SILVER 4G A Yes
06/05/09 MANHEIM Lease $11,800 21,797 Below BLUE 4G A Yes
06/04/09 CEN FLA Regular $8,300 21,807 Below BLACK 4G A No
06/10/09 DALLAS Regular $13,000 21,837 Avg BLUE 4G A Yes
06/10/09 CEN FLA Regular $9,500 21,941 Below BLACK 4G A No
06/11/09 GTR TMPA Lease $13,400 22,296 Avg BLUE 4G A Yes
06/05/09 MANHEIM Regular $12,550 22,325 Avg GRAY 4G 5 Yes
06/04/09 CHICAGO Lease $13,900 22,928 Avg CHAMPGNE 4G A Yes
06/02/09 FAAO Regular $14,100 23,121 Avg BLUE 4G A Yes
05/21/09 CHICAGO Lease $11,100 23,788 Below SILVER 4G A Yes
05/15/09 MANHEIM Lease $11,500 24,104 Below BLUE 4G A Yes
06/04/09 CHICAGO Regular $13,200 24,359 Avg GRAY 4G A Yes
05/20/09 NADE Lease $11,700 25,126 Below SILVER 4G A Yes
06/05/09 MANHEIM Regular $13,800 25,133 Avg SILVER 4G A Yes
06/02/09 HATFIELD Regular $13,200 25,805 Avg Grey 4G A Yes
05/19/09 OHIO Regular $13,000 26,155 Avg BIEGE 4G A Yes
05/19/09 SO CAL Lease $11,400 26,206 Below GRAY 4G A Yes
05/29/09 NEVADA Lease $12,900 26,328 Avg BLACK 4G A Yes
05/28/09 SO CAL Lease $13,300 27,400 Avg GRAY 4G A Yes
06/03/09 KC Regular $12,200 27,658 Avg TAN 4G A Yes
06/03/09 NADE Lease $13,100 28,042 Avg WHITE 4G A Yes
06/09/09 FAAO Lease $12,600 28,165 Avg BLUE 4G A Yes
05/22/09 MANHEIM Regular $13,500 28,303 Avg GREY 4G Yes
05/28/09 GTR PHNX Regular $12,900 28,857 Avg GOLD 4G A Yes
06/05/09 LAUD/MIA Lease $13,300 29,219 Avg SILVER 4G A Yes
05/15/09 MANHEIM Lease $13,800 29,245 Avg NIGHTBLK 4G A Yes
05/26/09 FAAO Lease $14,000 29,763 Avg WHITE 4G A Yes
05/21/09 CHICAGO Lease $14,400 29,941 Above GRAY 4G A Yes
05/27/09 MINNEAP Lease $13,100 30,168 Avg BLUE 4G A Yes
05/26/09 FAAO Lease $13,400 30,251 Avg SILVER 4G A Yes
05/27/09 BUTLER Regular $13,500 30,483 Avg BLUE 4G A Yes
06/09/09 STATESVL Lease $11,900 30,905 Avg BLUE 4G A Yes
06/04/09 SO CAL Lease $13,700 30,932 Avg BLUE 4G A Yes
05/21/09 GTR TMPA Regular $12,900 31,703 Avg SILVER 4G A Yes
06/04/09 SO CAL Lease $9,300 32,360 Below BLACK 4G A No
05/19/09 STATESVL Regular $13,500 32,369 Avg BLUE 4G A Yes
05/19/09 LOUISVLL Factory $8,250 32,653 Below GREY 4G A No
05/19/09 STATESVL Regular $13,100 33,066 Avg BLUE 4G A Yes
05/22/09 MANHEIM Regular $13,400 33,444 Avg SILVER 4G A Yes
06/04/09 CHICAGO Lease $8,400 34,847 Below BLUE 4G A No
05/15/09 MANHEIM Regular $14,100 35,092 Avg WHITE 4G A Yes
05/29/09 MANHEIM Regular $12,300 35,179 Avg BROWN 4G 5 Yes
05/21/09 ATLANTA Lease $14,500 35,189 Above BLACK 4G A Yes
05/19/09 LOUISVLL Factory $13,250 35,559 Avg GREY 4G 5 Yes
06/04/09 W PALM Regular $12,500 36,081 Avg GRAY 4G A Yes
05/28/09 HOBBY Lease $12,000 36,102 Avg GOLD 4G A Yes
05/19/09 LOUISVLL Factory $13,250 36,144 Avg GREY 4G A Yes
05/21/09 CHICAGO Lease $12,700 36,606 Avg BLUE 4G A Yes
06/04/09 CHICAGO Lease $12,300 36,622 Avg WHITE 4G A Yes
05/26/09 FAAO Regular $12,950 37,726 Avg GRAY 4G A Yes
05/19/09 LOUISVLL Factory $13,000 37,788 Avg SILVER 4G A Yes
06/09/09 OHIO Regular $12,900 37,810 Avg GRAY 4G A Yes
05/19/09 LOUISVLL Factory $13,750 38,151 Avg WHITE 4G A Yes
05/26/09 FAAO Regular $11,800 39,000 Below Gray 4CY A Yes
05/20/09 DENVER Regular $13,200 39,471 Avg SILVER 4G A Yes
05/29/09 MANHEIM Lease $12,800 39,768 Avg NIGHTBLK 4G A Yes
06/09/09 FAAO Lease $13,600 39,833 Avg SILVER 4G A Yes
05/19/09 STATESVL Lease $12,200 40,321 Avg RED 4G A Yes
06/11/09 FRDKBURG Lease $12,200 40,696 Avg GOLD 4G A Yes
06/02/09 BIG H Regular $13,500 40,915 Avg BLUE 4G A Yes
05/21/09 CHICAGO Lease $13,300 41,077 Avg WHITE 4G A Yes
05/22/09 MANHEIM Regular $12,300 42,591 Avg BLACK 4G Yes
05/19/09 FAAO Regular $12,700 43,031 Avg GOLD 4G A Yes
05/27/09 NASHVILL Lease $5,000 43,224 Below BLUE 4G A No
06/11/09 166 Regular $12,600 44,759 Avg BLUE 4G A Yes
06/03/09 NASHVILL Regular $11,100 45,040 Below SILVER 4G A Yes
05/28/09 CHICAGO Lease $11,200 46,851 Below TAN 4G A Yes
05/19/09 LOUISVLL Factory $12,500 47,483 Avg MAROON 4G A Yes
05/19/09 LOUISVLL Factory $13,250 47,521 Avg BLUE 4G A Yes
06/09/09 STATESVL Regular $11,800 47,744 Below BLUE 4G A Yes
06/10/09 UTAH Regular $10,200 48,302 Below BLUE 4G 5 Yes
05/20/09 SEATTLE Regular $13,000 48,707 Avg RED 4G A Yes
06/11/09 FRDKBURG Lease $12,000 49,129 Avg DK RED 4G A Yes
06/10/09 BAY CITI Lease $11,200 49,625 Below GRAY 4G A Yes
05/21/09 FRDKBURG Lease $11,500 49,680 Below DK RED 4G A Yes
05/28/09 FRDKBURG Lease $13,200 51,830 Avg GRAY 4G A Yes
06/02/09 STATESVL Regular $13,000 52,001 Avg GRAY 4G A Yes
05/28/09 SO CAL Lease $10,200 53,205 Below BLUE 4G A Yes
05/19/09 LOUISVLL Factory $12,500 54,611 Avg BEIGE 4G A Yes
05/21/09 ATLANTA Lease $11,700 55,205 Below GRAY 4G A Yes
05/19/09 LOUISVLL Factory $10,250 55,495 Below BLACK 4G A Yes
05/15/09 MANHEIM Lease $10,000 70,459 Below GREY 4G A Yes

[diablojota]

The expectations of fuel prices are that they will continue to rise. Many states are considering adding a higher tax rate to fuel to help push the trend toward lower fuel consumption vehicles (e.g., hybrids, small direct-inject engines, diesel, etc.). The price of what you can get for your truck now (prior to returning to 3+ dollar per gallon gas) is higher than once the prices break that magic 3 dollar barrier. Trying to sell or trade in the truck after that point, and you'll face a blood bath of losses. Taking a non-myopic look at it, my gut says to sell the truck. Now the Civic may or may not be your best choice. A used (2 year old) Toyota Camry may be a good consideration, or going to a Ford dealership and looking at the new Fusions may be another option. JD Powers has rated Ford at a much higher level in terms of reliability, the new Fusions get a decent gas mileage, and the interiors are spacious compared to the Civic. But it is your decision to make.

[ratae1950]

Originally Posted by diablojota

The expectations of fuel prices are that they will continue to rise. Many states are considering adding a higher tax rate to fuel to help push the trend toward lower fuel consumption vehicles (e.g., hybrids, small direct-inject engines, diesel, etc.). The price of what you can get for your truck now (prior to returning to 3+ dollar per gallon gas) is higher than once the prices break that magic 3 dollar barrier. Trying to sell or trade in the truck after that point, and you'll face a blood bath of losses. Taking a non-myopic look at it, my gut says to sell the truck. Now the Civic may or may not be your best choice. A used (2 year old) Toyota Camry may be a good consideration, or going to a Ford dealership and looking at the new Fusions may be another option. JD Powers has rated Ford at a much higher level in terms of reliability, the new Fusions get a decent gas mileage, and the interiors are spacious compared to the Civic. But it is your decision to make.

Good advice methinks!

[Mike B]

Keep the truck. It's not worth the headaches to trade/sell it.