KevinC
Autocross Champion
- Car(s)
- '19 Golf R, '21 M2c
Every time question like this is asked all the forum guys suddenly act like they never spend money on anything, drive the same car for 15+ years and invest every cent they have into stocks and mutual funds.
His "same payment" continues on for 3 years beyond when the current car would be paid off and owned free & clear - for essentially the same car, only newer. What does he gain for all that added expense? A fresh 6/72 warranty and a "new" version of the same car. Is that financially sane? Not on the planet I live on.
Ultimately it's his decision, but your analysis sucks. In the end...