Just over a year, and my '15 is paid for. Now what?!

Skorpio

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2015 Deep Crystal Blue Mica GT FWD
What to do with the extra cash?!
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As soon as mine is paid off, I'll basically continue to make payments to myself with the hope that when I'm ready for my next vehicle, I can pay mostly, if not entirely, cash for it.
 
Did the same with my '13, I am looking at the 16's and my trade in value is around $20-21K if I can pickup a '16 GT with Tech package for around $30K it will be good. I keep telling myself to go to the dealer and see, I know I'll be losing the monthly payments that I made up to the point that I paid it off but leasing a car I would have paid the same. Seeing if it's worth it.
 
I've thought about this more than once, I can assure you [emoji51]

Did the same with my '13, I am looking at the 16's and my trade in value is around $20-21K if I can pickup a '16 GT with Tech package for around $30K it will be good. I keep telling myself to go to the dealer and see, I know I'll be losing the monthly payments that I made up to the point that I paid it off but leasing a car I would have paid the same. Seeing if it's worth it.


I hear ya guys. The '16 is substantially packed with more tech...but at least for us guys with 14's and 15's...not sure if it is worth trading in such a new car and taking a big financial loss. Might as well wait 2 years for the fully redesigned one which will hopefully be happening at that time. However, for a 2013 owner, the argument to upgrade is stronger.
 
I hear ya guys. The '16 is substantially packed with more tech...but at least for us guys with 14's and 15's...not sure if it is worth trading in such a new car and taking a big financial loss. Might as well wait 2 years for the fully redesigned one which will hopefully be happening at that time. However, for a 2013 owner, the argument to upgrade is stronger.

Well, I wouldn't go so far to say "substantial", for me. The only thing I would like with the new i-activesense is the radar cruise control. IMO, the auto high beams and lane departure warning may be more of a hindrance than a help. Yes, the infotainment system may be better than ours (for OEM) but it's still nothing compared to aftermarket. And with my current audio mods, it's quite liveable. As far as LED/DRL lights goes, I can add on my own for WAY less, and my AFS bi-xenons light up great anyways! Also, if '16 light assembly go down in $, I can just retrofit them if I desire. However, there has been talk of a complete redesign for "17" models, which could happen in early 2016, so it may not be that far away for an upgrade. "My future so bright, I gotta wear shades" [emoji41]
 
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There is talk of a complete redesign for "17" models, which could happen in early 2016, so it may not be that far away. "My future so bright, I gotta wear shades" [emoji41]

The '16 was a fairly big redesign. I don't see them changing much for the '17 models.
 
Speaking of titles think I should actually go out to a Motor Vehicle agency one of these years to get a new title without the bank lien on it :D hate going there unless absolutely necessary. Always packed on weekends.

As for trading in, I won't do it on second thought. I love my money too much and it's been fun not having any extra monthly payments.
 
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I can't agree with this. Fresh designs happen every 3-5 years in the automotive world. The 16's shape and overall features are the same as the 13's. Autonews.com agrees- http://www.autonews.com/article/20140825/OEM04/308259975?template=mobile (Have to scroll down for the CX-5 section)

Thanks for the link/info.
The article/timeline seems to be accurate so far with the 2016 changes, so the promised new sheet metal seems likely enough.
I still haven't seen a USA spec Skyactiv Mazda 2 tho, which were supposed to begin production in November of last year.
 
If you have a mortgage, pay it down some. I'm doing that with mine and should go from the 94% LTV it's currently at to 78% by December 2017 and I can then drop my private mortgage insurance.
 
If you have a mortgage, pay it down some. I'm doing that with mine and should go from the 94% LTV it's currently at to 78% by December 2017 and I can then drop my private mortgage insurance.

I do, and this is good advice [emoji106]
 
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