Should I sell my car, pocket some money, and put 100 miles on an SL550 for $449?
Ben 2007/09/28 03:02:00
I leased an '07 Honda Accord 9 months ago under my dad's name. My car's payoff amount is about $17,800. Its private party value is about $21,000 (excellent condition). My intention is to sell the car for AT LEAST $19,000, pocket some money, use a portion of the profit to rent an SL550 from Beverly Hills Rent-A-Car, and lease another Accord under my own name (if possible) or with a co-signer to build some credit. What do you think?
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