I just bought a car in August and hate it. it was the first one i found and probably wasnt a good idea. it's a 99 oldsmobile alero that has a bad steering problem. I still owe about 5,000 or less on it but i want to get a different car cause i can't afford to get this one fixed all the time and i want a jeep. (i used to have one and i miss it so much!) I need advice on if i should get a new car, how to get a new car, or what......anything please help!!!!!!
2007-02-12 06:23:31 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
If you must then you must, You are right an Oldsmobile wasn't the smartest choice.
Take the car to a dealer and trade it in. They will finance the remaining you have on the Olds and get you into a new car.
Yes you will pay more over the time of the note but you will have a new car and no steering problems.
YOU MUST HAGGLE OVER THE INTEREST RATE. If they don't go below 6% go somewhere else. Make them sell you the car. If you find one you really like then be able to walk away from the deal. Odds are you will be driving it in a couple of days under your terms.
2007-02-12 06:29:27 · answer #1 · answered by Uncle Red 6 · 0⤊ 0⤋
Cars are just like any other pieces of equipment - you could take two of them brand new off the lot, one will run flawlessly for years with only minimal maintenance, and the other will break down every time you look at it wrong.
New cars don't gaurantee you anything (except a high payment) and even though it might be under warranty, if you have to keep taking it back to the dealer to be worked on, then you haven't gained much (not to mention that they love figuring out ways of making it seem like you have voided your warranty somehow so they can charge you for repairs anyway).
The biggest thing is that when you drive a new car off the lot, it depreciates almost immediately. If you were to try to drive it back onto the lot and sell it for what you paid for it, they would laugh in your face. If you can find a good deal on a used car with low miles then you should take it - it's always a gamble, but try to find someone who knows a bit about cars to come with you to help weed out the ones that are clunkers.
If you do buy a new car, look for one with a long warranty, and do some research into the cars you are looking at to see what kinds of problems they have, and what sort of maintenance costs you will have.
good luck.
2007-02-12 06:35:10 · answer #2 · answered by joemammysbigguns 4 · 0⤊ 0⤋
Trade it in. Interest rates have gone up BTW and the guy who said if they don't go below 6 then walk is way off. Interest rates below 6 don't exist anymore except via credit unions. You will need to probably buy a new car to be able to roll in the neg equity on yours. Your car probably has a trade value of about 1,000 dollars. Considering that my wife and I bought a 1 year old Alero with 30k miles on it for $8,999 yours can't be worth much. You made a bad decision and will probably have to pay for it one way or another.
2007-02-12 06:38:34 · answer #3 · answered by kmankman4321 4 · 0⤊ 0⤋
Honey the only thing you can do is put it up for sale, that's it.
try: http://www.autotrader.com
or, you can put a For Sale sign on it wherever you park along with your phone number.
Ask whatever you want for it. When you have that sold, then you can think about getting a new one. Just make sure you drive it and test it before buying next time! Unfortunately, this is how we ALL learn!
Good luck!
2007-02-12 07:10:10 · answer #4 · answered by rob1963man 5 · 0⤊ 0⤋
Trade it in for a jeep.
2007-02-16 06:30:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋