I have a 2006 Chevy Cobalt. It has less than 9,000 miles on it. I need a lower car payment. How would I do this? I am thinking of selling the cobalt seperatly but I can't be with out a car at all. Any suggestions?
2007-05-30 04:46:23 · 3 answers · asked by STEPH 2 in Cars & Transportation ➔ Buying & Selling
With only 9,000 miles, you are probably very early in your loan term. Since cars depreciate faster at the beginning, there is a fair chance that you are upside down on your loan - or you owe the bank more than the car is worth. Figure out what you think you can get for it privately and then call your bank and get the current "payoff" amount. If you are close, you should sell the car and get something less expensive.
2007-05-30 04:54:43 · answer #1 · answered by Jay P 7 · 0⤊ 0⤋
you would be smarter to sell your 2006 chevy cobalt outrite by your self and get your other one that you want without a trade in because it will be cheaper for you
2007-05-30 12:02:54 · answer #2 · answered by Anonymous · 0⤊ 1⤋
Check out what it's worth on Kelly Blue Book's website (www.kbb.com) and see what you can ask for it.
2007-05-30 12:07:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋