Need Advice on Buying a Used Car with a Used Trade In?

Answers:6   |   LastUpdateAt:2012-10-26 10:35:00  

Asked at 2012-09-10 14:19:03
This is the situation : MedlinePlus MedlinePlus I have a 1998 Ford Taurus - air and heat broke - not guaranteed left on it , wants dearlship 1,500 to fix it - I owe $ 3,000 was used because I bought over a year ago. MedlinePlus MedlinePlus I live in an atmosphere of 100 degrees in the summer , so I need the MedlinePlus A / C. MedlinePlus I 'm buying a new car in January 2008 of an agreement coming this fall lat . MedlinePlus MedlinePlus What I do is change my taurus once mor for another car used to get me to the end of the year . I can trade in ? Taurus with a remaining balance of $ 2,500 for another used car around $ 5000 so I have heat and A / C throughout the rest of the year . MedlinePlus MedlinePlus What do I need to know to make this happened on trade and dearlships ? MedlinePlus MedlinePlus I know I'll be upside down on the loan and that is placed in the other car . How much money should I offer to trade ? And that even taken on an air conditioning / heating is broken knowing that fucking car ? MedlinePlus MedlinePlus The tricks of the trade or information on what I can do in this situation would be helpful .
Answer1joshuahAnswered at 2012-09-17 18:13:04
I 'm not that good with cars :
Answer2ClareAnswered at 2012-09-19 06:29:03
You did not mention how many miles it has the taurus . But the fact of the matter is that they are too far backwards to trade that car. The amount that would be required to put down the amount you could buy another car that will last until you purchase your new car in January
Answer3keronAnswered at 2012-09-22 02:11:02
You should be fine. Check the value of your kbb Taurus with the above issues , and make sure the dealer gives you close to the value of your car . They may only offer $ 500-1000 , and of course add the balance to the new car. Best of luck !
Answer4MargiAnswered at 2012-09-23 03:47:03
Dodge is the right man , you just flip upside urself if you try to do that . It's best to just fix it and drive it. MedlinePlus Because of old age and still owes money probably will not be worth anything . That is, the money because the car is more than the value of the car , why did they want ?
Answer5NobuhleAnswered at 2012-10-16 18:15:36
Do nothing until your money comes or if you spent.
Answer6ordinalAnswered at 2012-10-26 10:33:01
broken car needs repairs , will give as $ 500 for the car . Since you still owe $ 3000, $ 2500 PLUS interest will roll into the new loan. Since you are buying a basic car $ 5000 ... would want at least $ 1000 more or less, depending on credit . MedlinePlus MedlinePlus but here 's the catch that prevented him ...... that the bank lends money to the car $ 5000, because that is what counts . but now to bring more than $ 2,500 more and make it a $ 7500 car . bank can not get your money back if you do not pay because the car is only worth $ 5,000 . so instead of $ 1000 down, you will be required to repay the loan or at least $ 2,000 is shooting just over $ 1000 . In addition , the payment of MedlinePlus . MedlinePlus fix the car , is the cheapest route especially if you're getting back in less than a year . suck it up and deal with this car for a few months . once again its fixed , you get a better price for it when they operate in the new . plus it gives you all these months of making payments on what charges what you owe on it . get $ 500 now for the car when it broke , spend $ 1,000 to fix it in a year you will receive $ 1,500 for the car, so it's not wasted money. MedlinePlus MedlinePlus shop around , I'm sure other mechanics who can fix the air conditioning cheaper than the dealer . or even seek re-manufactured parts or even find parts in a junkyard and have them installed . only has to work for a year .... not serve to put new parts in it just to give away soon .
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