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Trade-In Car?

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Cpat92 On May 16, 2021
It's all or nothing





Lauderhill, Florida
#1New Post! Dec 17, 2013 @ 12:10:00
If one is to trade in a car in the near future for a different vehicle after have the car for about a year, is that bad? Is it bad if trading it in will leave them in the negative? What should the person do? Should the person hold on to the car another year or two? Should the person lease a vehicle? If they do, will it help if they are in the negative?

What is your opinion/recommendation? Just some question to car experts and veterans in the car game.
Silver_Lining On March 21, 2023
RIP Boobie





STOKE-ON-TRENT, United Kingdom
#2New Post! Dec 17, 2013 @ 12:17:13
Didn't you ask this a while back
Cpat92 On May 16, 2021
It's all or nothing





Lauderhill, Florida
#3New Post! Dec 17, 2013 @ 12:25:46
@Silver_Lining Said

Didn't you ask this a while back



Did I? Don't remember.
Silver_Lining On March 21, 2023
RIP Boobie





STOKE-ON-TRENT, United Kingdom
#4New Post! Dec 17, 2013 @ 12:27:22
@Cpat92 Said

Did I? Don't remember.



I might be wrong but I'm sure I remember you asking it.
Cpat92 On May 16, 2021
It's all or nothing





Lauderhill, Florida
#5New Post! Dec 17, 2013 @ 12:31:05
@Silver_Lining Said

I might be wrong but I'm sure I remember you asking it.



Hmm... You might be right. It's just hard for me to remember right now. I got a bad memory.



Screw it! The thread has been made already.
Silver_Lining On March 21, 2023
RIP Boobie





STOKE-ON-TRENT, United Kingdom
#6New Post! Dec 17, 2013 @ 14:08:02
@Cpat92 Said

Hmm... You might be right. It's just hard for me to remember right now. I got a bad memory.



Screw it! The thread has been made already.



https://www.theforumsite.com/forum/topic/Trading-in-car-that-hasn-39-t-been-paid-off-yet-/476634


^^^ This was the other one
Aden On November 28, 2014




, Canada
#7New Post! Dec 17, 2013 @ 19:45:07
I don't see the point in trading it in and paying for the new vehicle plus the one you don't have.
What I would probably do is trade it in for one of a lesser value if they'll pay out your loan but that depends on what you have and how much it is worth
RobbyF On November 11, 2016




Silver Spring, Maryland
#8New Post! Dec 17, 2013 @ 19:49:46
I know people that do it all the time, they just roll the amount owed into the price of the new car. Personally I wouldn't feel comfortable doing it, but like I said, I know plenty who have.
someone_else_again On May 20, 2021
Really. Not a dude.





, Washington
#9New Post! Dec 17, 2013 @ 19:51:29
@Aden Said

I don't see the point in trading it in and paying for the new vehicle plus the one you don't have.
What I would probably do is trade it in for one of a lesser value if they'll pay out your loan but that depends on what you have and how much it is worth



The idea of trading it in is that they deduct the value of the vehicle that you trade in off the loan that they give you for the new one. So it's like your old car is a coupon.
Cpat92 On May 16, 2021
It's all or nothing





Lauderhill, Florida
#10New Post! Dec 17, 2013 @ 20:35:23
@Silver_Lining Said

https://www.theforumsite.com/forum/topic/Trading-in-car-that-hasn-39-t-been-paid-off-yet-/476634


^^^ This was the other one



Oh..... Thanks.
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