I currently own a 2001 Ford Escape. I am interested in trading out of my vehicle into a smaller, more gas efficient car. The problem I run into though is negative equaity (or an upside down loan). I owe less than $14,000 on it but it has been appraised anywhere between $5,000-$8,5000 which leaves me anywhere from $5,500-$9,000 to put towards the new vehicle. I have no money to put down and I think I've visited just about every car dealer in Virginia and can't quite find the price range I'd like to be in. I work full-time and also go to college full-time so I really don't have a lot of free time for a second job to support that large payment. Is there any advice or deals that anyone knows of with new cars? Any help would be great. Thanks! :)
2006-09-10
12:15:07
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7 answers
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asked by
beckybrowneyes85
1
in
Buying & Selling