I want a new MINI. I have the bug again. I traded in my 04MCS in Dec of 2004 for a 2005 Honda Accord EX 4cyl. It's a long story but I'm sick of my boring Accord and having 4 doors and a local dealer and all that is not so appealing anymore. I want a 07 Cooper in the $22k range.

My question is should I keep my Accord until I can get an 07 MINI and trade it in at that time or should I trade it in now on something that will lower my payments so I can start saving some cash for a down payment in 07?

The Accord has a little less than 10K miles on it and KBB trade in value is 18-19k. I owe about 14K and my payments are $350 per month at 1.9% APR.

Any suggestions?

 

I would drive the Accord until you can trade it in for an '07 Mini. They hold their value (Honda's) so I'm sure you'll still have positive equity in the car by early next year. Just my $.02

 

Keep it. You've got to drive something and the cost of tax and registration on 2 cars in just a few months isn't worth it.

Just go get yourself first on the list for an 07 Cooper .. .

 

Thanks,

I think you guys are right. I will work on being patient. Can't wait for MINIUSA to get the configurator up because that will allow me to kill months of time trying to decide on what i want.