I have a 2005 Alitma, which I'm financing, and would like to trade it in for a 2007 Altima. What are the qualifications that I have to meet to make this transaction? Will late payments to my current vehicle prevent me from trading?
2007-01-24 03:13:42 · 5 answers · asked by Shawn J 2 in Cars & Transportation ➔ Buying & Selling
youre probabgly upside down ont he 05, so thatll go into the financing of the 07. your interest rate will be higher if your credit is marred by late payments, but prob wont prevent financing, unless its terrible.
2007-01-24 03:17:38 · answer #1 · answered by David B 6 · 0⤊ 0⤋
they wont hurt you none unless your currently behind on them,it will put a blemish on your credit record but it wont stop you from being able to trade it in ,a lot of people have been late with payments before the trick is to never let it get over 30 days behind,that really hurts your credit a lot,good luck,i hope this help,s.
2007-01-24 11:27:27 · answer #2 · answered by dodge man 7 · 0⤊ 0⤋
Try to sell the car. See if the buyer will pay off the loan....
2007-01-24 11:25:35 · answer #3 · answered by bingobum 3 · 0⤊ 0⤋
The car dealer will make all the arrangements for you.
2007-01-24 11:16:52 · answer #4 · answered by Anonymous · 0⤊ 0⤋
sometimes if you want to
2007-01-24 11:16:23 · answer #5 · answered by Anonymous · 0⤊ 1⤋