I want to sell my car in the next couple of months. But I'm a little confused as to how I'm to go about doing that.
The plan was to sell my car and use the money from that to put down a big down payment on a new car. So I decided to shop around first and see if anyone would finance me.
Well, I should have figured no one would. I'm 21, living in an apartment, little credit, (even though the little is very good!), I JUST moved to a new state just 2 weeks ago, and I don't have a cosigner.
So, a dealer told me to wait a few months (5) and then to come back once I have some stability to prove. Fair enough, at least he was being honest with me unlike the others.
Question is, do I sell my car first and take a chance on not getting a car right away? Or try and get a car with a smaller down payment and then selling my car?
2007-03-14 16:29:04 · 4 answers · asked by Miranda 3 in Cars & Transportation ➔ Buying & Selling
Why are u in such a hurry to buy another car when everyone's telling you you're not ready?????
Just drive your current car for couple more years (if it's mechanically sound)....and save up money for a large downpayment.
Newer/better models are coming out next year and beyond anyways.
2007-03-14 16:38:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The salesman was just trying to get rid of you by saying come back in 5 months..It won't change anything about you getting a car or being refinances..In fact the more times they run your credit and deny you the harder it will be and the more your credit score goes down.
Go to www.CARMAX.com
They will buy your car even if you don't buy one of theirs. Also, you may just want to trade it in and get it over with.
2007-03-14 23:38:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
why not just trade in your old one when you get the next one. that way you wouldn't be without a car.
2007-03-14 23:33:07 · answer #3 · answered by njyogibear 7 · 0⤊ 0⤋
trade
2007-03-14 23:35:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋