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Originally Posted by garrnew
I've slowly come to the realization that I should have bought an Si rather than the '06 LX. I was too focused on $ at the time. So I'm looking to trade it in for an '06 or '07 Si (new or used). I've had it about a year with 20000 mi on it and still owe Honda a good amount.
Has anyone done this? Or know how much $ I stand to lose on the deal? I'm worried about depreciation (with dealer markdown for trade-in), interest I've already paid and the initial costs I paid for the LX and stand to pay for an Si (GAP, extended warranty, TT&R, etc.).
Basically, is it worth it???
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I've done it. If in any way possible, sell your LX privately. You'll get the most out of the vehicle that way. Unfortunately, I decided not to do that and my dealer gave me a pretty low ball offer, because they knew I wanted a taffeta white coupe so bad. I think you can minimize your debts by selling the car privately and looking for a possible car nearby via these forums classifieds. There are people who have very reasonable asking prices, sometimes with modifications.