How much negative equity would you roll into a F150 Limited just for a "want" not a "need"?

 

None. Ever.

 

There is no want, that I would ever go negative on.

 

ZERO.
Sell it outright then buy the new one.

 

If your financial advisor was asked he would say None/NEVER.

If you have a great job and can easily afford the payments while taking care of any and all other obligations, only you can decide.

It should go without saying that it's a bad idea but it's your money and only you know your financial situation.

 

I agree with everyone else - NEVER even a penny! Cars are nothing but an expensive depreciating asset, so why would anyone even consider making a bad situation even worse?

 

For a want? None. If you had a car and needed to get into a truck for an important reason (business, etc.) then maybe. But you certainly wouldn't be jumping into a limited.

 

.
Now that you have a resounding NO, what's your next move ???
.

 

Keep my car and be grateful for what I have.

 

Anything above a base XL is more want than need, and new vs used even more so. Those who maintain credit scores above 845 are offered fairly long term 0% loans which changes everything. Why on earth would I put any money down on anything when I can get a 0% loan? Point being that there can be good reasons to owe more than your truck is worth, but then again most in a position to have multiple options tend to also be those not asking financial advice on a truck forum. Just sayin. IMO: You should never borrow for a vehicle unless you could also pay cash, but borrowing makes more financial sense. If you ever HAVE to borrow for transportation then you need to seek professional financial advice as soon as possible.