Question:
I purchased a brand new nissan suv in 2005, the 2005 model. I am now wanting to either sell or trade for a car with a lower payment. Do I go to carmax, or put it in the newspaper, ebay or what? The payment now is almost $500.00 and I owe about $18,000 on this Nissan Pathfinder 2005... The car is in great shape with the exceptions of a few problems... Will carmax or a Nissan dealership be the best solution, or what? I need help FAST!
Answers:
What would you do with a million pounds?
Try to sell on your own! If you trade it in or go to Carmax they are only going to give you Black Book value for it. Which depending on your model, equipment, and miles; you could be as much as 3-5K upside down.If you are able to hold on to it for a little while longer you will get more money by selling it out right (through newspaper or carmax) However if you are looking to unload the vehicle quickly then I would suggest to trade it in. (Trade in typically get less money but you quickly get rid of the vehicle)
I would sell through craigslist or autotrader. there u can get the full value. if you trade in then u lose some value. dealerships will rip you off dont go there
Best cheap BIG car in the UK for a family?
I would not trade it in. I used to work at a dealership and you will not get what you owe. If you trade it in, the dealership will pay it off but the difference would be to put into your new loan. I would try craigslist, a local carmart or the newspaper. Ebay you might not get the value of the car. I would though go to www.kbb.com and see what the trade in value is. Depending on the model and mileage you may get a figure more than your owe. The dealership will likely give you what you owe on your loan. If you are happy with that then trade it in.crash it, insurance compamy will pay off loan and you can get a new car..
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