Question:
I owe 15,000 dollars on a '02 trailblazer ,that I have been paying on for 3 years. How can I cut my losses. Or am I on my just out of luck?
Answers:
you can trade it on a car, but if your vehicle is only worth 12k, they will add the remaining 3k you owe into the price of the new car.
When do car dealerships usually come down on their prices or give specials?
Ouch.Can someone help me calculate my monthly payment?
Maybe try selling it outright?
Anybody know where I can buy etc a Spanish registered car in the UK?
if you have gap insurance you could try insurance fraud.Where can i find a used tow truck?
Jewish lightning?Good, Decent, Reliabe car/truck.?
The only way to make up the difference in value and money owed, is to pay the difference or wait and pay the vehicle off. Now, if you trade the trailblazer in on a vehicle that has a larger rebate, then that rebate takes up some of the 'upside down', but other than that, money is the only way.Want to buy a mini or mini metro?
Ouch.... I just saw a dealer selling a '02 with 80k miles for only $9000.The only way you could cut your losses would be repo and filing for bankruptcy because I see no other way you'll get out of paying.
Other option is to find a sucker that's willing to take over the payments.... but I doubt any village is missing its idiot. Someone might be tempted if you offered cash incentive... like $2500 or more.
You could minimize your losses by refinancing for a lower rate. Otherwise you're pretty much stuck.
which is the Australia number one automotive website?
What you need to do is just hang on to it and consider it a lesson learned. The only way to get out of it is to sell it out right (because the dealer isn't going to give you a good deal) and pay off the balance of your loan. good luckMore Questions & Answers ...
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