Smitty901
Elio Addict
- Joined
- Aug 28, 2014
- Messages
- 1,311
- Reaction score
- 3,699
I can relate, my brother has never driven to work in a vehicle that was paid for. Every time one got close, it was time to trade it in. He bought a new Dodge Ram pickup when they first came out, got the automatic tranny so his wife could drive it, after some time he realized his wife wasn't going to be driving it, so he tried to trade it in for one with a five speed but found out he was 'upside down' so had to wait and make payments for a couple more years to trade it in on another brand new one and start making payments all over again. The last car I financed was in 1974 (two years out of high school). I don't borrow money on a depreceating asset and I will be paying cash for my Elio.
Balanced owed on My ELIO is sitting in an account right now marked ELIO little extra to cover any difference in final price.