I bought a new car but is not here yet. I think I got hosed on the trade. Is there a way to get out?

Question:
I bought a car and they did not give me much for my trade. They kept my trade and gave me a loaner. The new car is not here yet. I have already gone through finance and signed power of attorney for them to pay off my loan. Is there a way to get out of the contract? Thanks.

Answers:

For selling a car, do AutoTrader, Exchange and Mart, Gumtree or Loot work, and which is best?

Normally, you will never receive fair value when you trade in a car, you are much better off, selling it on your own. Since it's been more than three days, I think you are stuck, whether you've taken delivery or not. Unless you made a statement in the contract, that the sale depended on receiving your new car within a certain amount of time, and that time has passed, then you have what some call "buyers remorse". Next time you go car shopping, be strong and don't get talked into doing something that you know in your gut is going to cost you.

I Want to Sell a lease 2005 BMW 545.?

How long ago did this take place? Generally you have up to three days to back out

How much is a fair price fo a 2002 xterra SE/SC 4X4?

Most likely, you can, BUT it is gonna COST ya EXTRA.

Is £3850 for a vauxhall combo 1.3cdti 16v 04reg a good price?

You got screwed then.

How many miles a year should you put on new vehicle?

no if you signed the contract and power of attorney so they can pay off your loan...than NO. when it comes to trade values...it can "seem" sketchy...but for reassurance go to www.kbb.com which is where most dealerships use for trade in values (UNLESS you have an older junk car than they'll use galves a wholesale book), and look up trade value and under fair to good condition.

Has anyone answered a craigslist car ad BMW?

Buyers remorse. This is exactly why you singed a contact with finance. If you purchased from a dealer, I doubt it. You costed them money by taking the time of the salesman and others.

How many years will a bank let you take out a loan for on a 2004 Ford F150 4x4 ext cab?


In response to using KBB, it's crap. Dealers use a black book that has actual values of vehicles, KBB.org is a tool dealers use to make you think you got a good deal. Look into it.

How do i buy something that cant be bought?

probably, but they could have sold your trade in already. so you are probably stuck. just enjoy the new car. i did and i got stuck too.

Is Petrol from a BP garage of better quality than that from a supermarket garage like Tesco or Morrisons etc?

Dealers usually make more money in THIS way than they do on a new car. The give you next to nothing for your car, clean it up and sell it for a premium price. BIG profits.
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