Thanks for the tips, everyone. I wish I could trade it in before the holidays but it'll be June at least before I can afford to do it. I have to pay off another car first.
Thanks for the tips, everyone. I wish I could trade it in before the holidays but it'll be June at least before I can afford to do it. I have to pay off another car first.
If you know the Blue Book value ahead of time and stand firm on getting that amount, you should make out fine on the one you want to sell. If they want to sell you a vehicle, they will work with you.
I have been through this and my advice is sell the vehicle on your own. I owed more for my truck that I traded in and they added it to my new vehicle price so it was like paying double interest and my payments are about $80 higher . I should not have fallen for that.
Much of what to do depends on if your state gives a tax advantage on trading in. If the new car is 10 bucks, and the trade is worth 3 bucks, the difference is 7 and you pay tax on 7 not 10.
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