2006-06-29 07:32:31 · 4 answers · asked by brenda_lilb 3 in Cars & Transportation ➔ Other - Cars & Transportation
Drive it until you have some positive equity. This car in great shape will only bring 3-4 thousand and you will have the negative equity applied towards your new car loan inflating the payments and the interest rate.
2006-06-29 07:38:50 · answer #1 · answered by yes_its_me 7 · 0⤊ 0⤋
Well, you'll still owe the money, regardless of whether you trade it in or not. You may want to sell it instead, and apply the money to the debt. I don't know that you'll get $5k for a 97 Corolla, but you'll get something...
2006-06-29 14:37:13 · answer #2 · answered by Clover 2 · 0⤊ 0⤋
It depends on if u think its really worth it.
2006-06-29 14:36:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, those are wretched little cars.
2006-06-29 14:36:44 · answer #4 · answered by Me 2 · 0⤊ 0⤋