How do I trade in my car for what I owe and get a cheaper one when they won't give me what I owe on it?

Question:


Answers:

I want to buy a used car. My budget is 50k to 1.50lac. please tell me which model should I go for.?

If the car isnt worth what you owe you can still do it, but you'll be rolling whatever negative equity (the ammount you owe over what its worth) into the loan, which could end up costing you just as much. Private sales do tend to bring more money, if you think the car is worth more you could go that route or try and get more for it from the same or another dealer.

Does anyone know of a good cheap auto for under $1000?

sell it privately, then buy what you want

Where is the best place to find a cheap car on the net?

If you cant trade your car in for what you owe on it, they will make the sales price of the new car you want, the difference of what you owe on your old car. If the new car you want costs $20,000 and you owe $25,000 on your old one, they will make the new car sales price of $25,000..

I want to sell my cadillac deville FAST!!?

If you owe more than the car is worth (upside-down), then you'll have to make up the difference.

Need Help choosing USED car!!!!!!!?


Example, you owe $5000 but the trade-in value is $4000. You'll have to come up with $1000.
Some dealers will roll that $1000 on to the next car loan. Avoid doing that if you can. you'll end up in even more debt.

Can i get a title for a car that doesn't have one?

You can't sell something you don't own(and trade in.. is selling).
More Questions & Answers ...

  • What is the best kind of truck to buy?
  • What is special financing?
  • I am thinking about getting a new car on finance. Which is the best?
  • How much below MSRP should I pay for a 2007 Honda Fit Sport with auto trans?
  • Car owners: Hyundai, any model. What do you think about your car?
  • Nissan is trying to make me sign a new contract with a new interest rate, can they do that in VA?
  • Can I back out of a car loan after 31 days?
  • What would you do with a million pounds?
  • Buying Cars?
  • When it comes to performance, do I go with a Coupe, or Convertible?
  • This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.


    Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.