Quote:
Originally Posted by BryanCO
But this sounds like a purchase so also going to have the sunk costs of tax and registration. Here in CO, that would be $8-10k.
OP - Refi with a slightly higher rate and keep your “dream car”. Not ideal but if a slightly higher rate is material to your finances, then you probably should not have bought it in the first place.
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Sort of where I'm at with it - I don't think I can break even with selling it here. No, the slightly higher interest rate won't kill me, it's just the principal of it! lol
I either suck it up and potentially lose thousands here and then have to buy ANOTHER car once I am settled there, or refinance and pay a little more over time. I may also just do the refinance so I can get the car there, and then pay a bit more each money so I'm not paying higher interest over time. There are options...