Trading in my vehicle on a new one?

Answers:5   |   LastUpdateAt:2012-11-05 10:39:05  

Asked at 2012-08-19 06:50:28
so I'm in the market for a new truck .. MedlinePlus MedlinePlus i currently owe $ 9,500 on my loan . With that said here we go .. MedlinePlus MedlinePlus I found a new truck for $ 32,988 , the seller and I went over and reached an agreement for the payment of the entire $ 400 midrange . MedlinePlus MedlinePlus after the seller believes that we were done I then said I had a trade in the vehicle , and agreed to see him . MedlinePlus MedlinePlus after evaluation , offered me $ 11,500, and pay current loan is $ 9500, so I'm making cash $ 2000 . MedlinePlus MedlinePlus factor than the $ 2000 on the new loan as a " down payment " or as they do and my payments midrange shot to $ 500 ... MedlinePlus MedlinePlus Why the payments go up? not if the price of the payments or truck and are down ?
Answer1nbvhjAnswered at 2012-08-23 22:00:02
Yes, in theory , .. find the Blue Book value of your truck and see .. some dealers will roll the loan amount owed on the new car if you owe more than the truck is worth the walk .. then there
Answer2bird_of_paradiseAnswered at 2012-09-22 18:23:03
I do not work with distributors , hate b ****** s MedlinePlus If you were offered 11,000 in your current car , you can bet that is worth much more than that, because they want to make money ... MedlinePlus MedlinePlus Most likely to be " improved" the car you want to fuck you do not want (they tried to pull me when I asked about a rival, trying to say that I got a shifter knob chrome and shit I do not want and did not ask) MedlinePlus Or shortened the time that you will be paying MedlinePlus MedlinePlus Either way , it helps them , and it hurts. MedlinePlus MedlinePlus If you do not need a new car , you get a new car. And if you think you're making money off this trade , remember that you still pay the rest of the loan , so they lost money . MedlinePlus MedlinePlus Let cool head and wondering if it's good to get another new car then. MedlinePlus MedlinePlus I always buy used from craigslist and other private sellers , saves me a lot of money . (Rarely lose money , therefore , never pay anything ) MedlinePlus MedlinePlus good luck
Answer3yaminAnswered at 2012-11-05 10:37:09
Call their bluff, don't trade the car, agree to buy the truck; then say you'll sell them your car.

You're leaving out a pick question the 400 payment was with how much down?

Your payment would've went down by $40 which means they are not giving you the 11,500 they said...
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