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No more Maxx...

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Old May 17, 2008 | 06:57 AM
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Default No more Maxx...

Back in August of '06 I bought my very first new car...a Malibu Maxx. Those at SEBFs know this car was a good one, and suited me well. What didn't sit well with me was the interest rate I got on it..That, coupled with the fact it has a crappy resell value now for some unknown reason, made me want to get rid of the car just for sheer financial reasons.

So I went to the dealer we went to last month for Karens car (the uber-loaded '06 Grand Prix SE that thinks it'* a GT) since we had a real good experience with them. I told them what I wanted to accomplish, to which the sales manager tells me...straight-up...that my options are VERY limited. I have 3 choices basically...

1) To lower the car payment, I have to get something that is going to soak up alot of negative equity but is extrememly base. Something along the lines of their bare-bones Trailblazer. I told them no-go on that because I didn't want an SUV with todays fuel prices and the lower demand for SUVs, as that would put me in the same situation I am in now with the Maxx.

2) Keep the Maxx...but i would still have to spend about 700 bucks for new tires, PLUS around 3 grand for an extended warranty, which would equate to well over 800 bucks a month total. Plus, I still have the massive depreciation curve to deal with. So that isn't an option either.

3) Spend a little more each month and get a car that I like, holds its value long-term, can soak up about *half* of the negative equity of the Maxx with no issues, and will be worry-free for many years, since I will have to keep the car that long

Option 3 it is. Not good for the short-term financial, but much better in the long-term than keeping the Maxx.

So what did I get?















2008 Impy SS :P

Pics to come later.
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Old May 17, 2008 | 10:55 AM
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I was wondering what the heck happened.

Can't wait to see the Impy

You only mentioned the Maxx being released...You still holding on to the 94 SSE?
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Old May 17, 2008 | 11:04 AM
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For the moment.

But it HAS to go w/in a few weeks. The dealer only wanted to give me 500 in trade for it. I told themI can put down 500 more and keep the car, and sell it outright to make up the money.

I have some money coming back from GAP that I can use to offset the down payment, and I can hold off on this months car payment for the Maxx, so that'* half of the payment right there. I just need 1000 to make up the rest. I am hoping I can sell off the rest of the parts I have to make up some of that, but if push comes to shove, the SSE will have to go for a cut-throat price.
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Old May 17, 2008 | 11:16 AM
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Mmmm....LS4. Congrats on the new addition.
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Old May 17, 2008 | 11:47 AM
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Compared to what I have owned in the past....it'* scary fast. You plant that right foot down, and it feels like a 200 mph gust filling the sails of a sloop. But in 4 cylinder mode, I pulled about 26 mpg on the highway this morning. Not bad at all.
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Old May 17, 2008 | 12:32 PM
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Sorry......but I had to!


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Old May 17, 2008 | 12:37 PM
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Let me see if I can borrow the work camera and use the work memory card to upload pictures while I am at work
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Old May 17, 2008 | 01:55 PM
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Here we go....













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Old May 17, 2008 | 02:13 PM
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...and to think I wanted to fit THAT into the Malibu
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