Are you allowed to trade in a vehicle that you purchased only a week ago?

My husband and I just purchased a used car a few days ago but this weekend we saw another vehicle that we like better at another dealership thats a newer model and with less miles. So we wanted to know if we are even allowed to trade in a car this soon or are you required to wait a certain period of time. Like a year or two.
Thanks

Answers:

Which is a better buy, the 2007 Honda CRv or the 2007 Mitsubishi Outlander?

You can trade in a car the day you buy it. Have you already paid to register the vehicle? You're going to have to do that before you trade it in. Also, be aware that you're going to get about $1000-$3000 less in trade in than what you just gave for it.

Why do people continue to by foriegn cars, when they know buying american is better workers and economy?

no time limit when trading a car...the bad side is you will most likely LOSE money because the recently bought car wont bring as much in trade as you paid for it

Did i get a good deal for a used car?

yes you may lose money

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There is not a law saying that you can't, but it will get expensive. The ink on the paperwork is barely dry, and you want to trade. You have just paid retail price, and now you want to trade it in at the trade in value. So you are going to lose on this deal.

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If it means that much to you, then go ahead and trade. Just know that it will be like throwing money away. Good luck to you

Buy a car sight unseen from a dealer?

Yes, If you have the title, you can sell the car. That means title in hand.
I'm assuming the car is already registered, and the transferred title is going to be put in your name(s). Technically you have to wait til you get your title in the mail, before you can sell your car.
If you financed your car, the burden then falls on the dealership and the bank to release your title.

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With all that said, you are going to take a bath on your first purchase, because there is no way you are going to get near what you paid for it.

I just puchased a 04 trailblazer is it a good buy?


I'm a used car dealer from Pennsylvania.

First Car??

You are going to lose a lot of money, 10 to 20% worth, but if you really have money to burn, you can do it. Nothing stopping you except financial reasons.

Free - Service manual/Owners Handbook for Nissan Tewrrano 11 2.7TD?


Basically, dealer's sell price vs. trade-in price, even for the same car, is about 10 to 20% difference. If you buy a used car today for 10000, then go back the next day and try to trade it in, they'll likely only pay you 8000 or less. Thus, you lost 2000 right there. Specific values will vary, but general principles are the same.

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Financing is not a problem. If there's a penalty for early payoff, then it's just more money down the drain. Could be a month or two of payment. Read the fine print.

How do i sell a car that has no title?


So blame yourself for rushing into buying the first vehicle, but keep it, as it'll cost you a lot to get that other vehicle now, for that momentary lapse of judgment.
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