simpfan21

i am new to the forums, hoping to pick myself up an F-body, but i have a rather large problem.

I owe almost 13k on my 2005 Civic i currently drive. With the gas prices the way they are, people will call me crazy, but i really REALLY want an f-body.


Long story short, am i screwed on my civic? or is there any way i can unload that thing without being in hella debt. I'm 23 years old and not even sure how all of this financing goes... boy, learned my lesson too late >_<.

It's a 2005 EX 5-speed. 2 door coupe, silver or (charchoal) as some would say? :-\


P.S. hello to all!

Greenbird97

iTrader: (20)

i looked at kbb.com, you could potentially get 13k for the civic if you sold it privately but that wouldn't leave you much money to buy the f-body.

simpfan21

i appreciate the quick help. what if i was to go to a dealer, one that had an F-body Lt1/LsX... would they screw me? i mean i would definitely bring up the fact that my car i have now gets great mileage and F-bodys aren't in as high of a demand... but ahhhh, such a headache, i'm a dumbass!

BigBlockCamaro

iTrader: (6)

You probably wont gt 13K @ a dealership but you never know, it wont hurt to try!

Greenbird97

iTrader: (20)

well the dealer will give you substantially less figure than what you could get privately, you could probably trade the honda straight for the f-body and maybe 2k but then that still leaves you 11k in the hole.

simpfan21

so it would be like making my current payments only driving the f-body? I feel like such a moron, thanks for all this help. With the insurance jump too that probably wouldn't be my best solution.

Greenbird97

iTrader: (20)

actually, i used to drive a 94 Oldsmobile and surprisingly, keeping the same deductibles, my insurance only jumped $30 a month for a '97 Trans Am!

Greenbird97

iTrader: (20)

hey, but if you really want the f-body the get it, i love mine, i wasn't satisfied driving my first car and it sounds like you are too so go for it!

simpfan21

it's my 3rd car actually, but yes.... as much as i love my mpg and the sound of my civic hitting 60 in 9 seconds... i can't do it anymore hah. I figured with gas prices the way they were, i could maybe snag one for less than usual cost.

Greenbird97

iTrader: (20)

i got mine for 7500, it had 78,000 miles on it.

BigBlockCamaro

iTrader: (6)

Fbodies actually dont have bad gas mileage... Espcially stocks ones, IF YOU CAN STAY OUT OF THE THROTTLE. You should get 22-25mpg on the highway...

simpfan21

this is probably gonna be a no answer. but my car is financed through a major corporation. does that pretty much negate any chance of me trading my car for anyones car on this site? or in general? what about a dealer?

sorry to be so questionative (is that a word?) but i am very serious about this, and just searching for knowledge.

Greenbird97

iTrader: (20)

i'm not exactly sure how that works but i think the dealer can work with you on that, they may be able to pay for it and then you end up owing the dealer or something, i'm not sure

1BadElky

there was a thread a few weeks ago about a guy getting 30 MPG with a modded M6 car

RPILS1

iTrader: (3)

ok im gonna take a crack at this because ive been hosed by dealers and finance company's before but its WAY past my bedtime so forgive me if its confusing

Say KBB on your civic private is 13K and your paying off 13K so if you sold your car outright then you break even

But Say Trade is 9K on the car and they have a (probably overpriced) F body there for 9K so what the dealer would probably do would finance you for 13K to cover the car your buying and paying off the neg equity on your car

my advice to you is civics and mpg cars are in high demand put it in the autotrader and save money incase someone offers you less than what you owe and you want to jump on it and then buy a fbod of the boards or RJ or even Ebay because what a dealer would charge you for a Fbody for the same price you could get something more modded or maybe a SS instead of a Z28 WS6/TA ive seen dealers about a year ago asking 9K for a hammered on 96 Z28 and most lS1 cars i saw would be over 10 with 100K but im in a part of the country were you dont see alot for sale just my .02 hope this helps

RPILS1

iTrader: (3)

P.S. 98 Z28 A4 26 mpg freeway stock
98 M6 mods in sig 25 freeway

simpfan21

thanks for the info!

The more i think about it, the only way i get a different car is if my monthy payment goes up... oh well. I'm still gonna try it! Calling the finance place tomorrow, i saw a nice white camaro Z-28 at a dealer in sarasota i am looking into, it's a 2001 convertable.


FYI I live in Ft. myers, FL

chromeplated500

iTrader: (10)

k.. i think 26 is somewhat BS...

Sell the civic privately, the only way to do it. The biggest thing is having your car in detailed/waxed and all. It's amazing how much more you can get out of a vehicle if its clean.

simpfan21

i agree, but i haven't found out what my finance company will let me do and my options.

cnw8891

iTrader: (3)

I would definitely find a buyer, rather than trading your car at a dealership. You almost always get more money that way, and it frees you up to find the f-body you really want, and not just what's on the lot somewhere.

I bought my 98 SS for $11500. It's in perfect condition, and has over $8000 in extras. It had around 68000 miles on the clock when I bought it in January.

Good luck! There are deals out there. Just be patient and you'll find what you want.

And don't worry about a huge hit at the pump, as LS1 cars are capable of 27-30 mpg on the highway. Mine ran a best of 12.4 in the 1/4 and sips a gallon of gas every 26 to 27 miles

Let us know what happens!!