you can but you'll lose some money on the trade in most new cars lose about 2000 as soon as you drive off the lot but sometimes they will cut a deal if you have a well selling car, first thing to do is go down there and talk to the floor manager about it if the deal is good go for it, it least you'll have the car you want
2007-06-17 04:19:07
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answer #1
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answered by cameron greene 5
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No, it's a used car now. Everyone is correct, you'll lose serious dough. Not to say that it isn't done, I've had folks come back within a few days having decided they don't like the vehicle. On average, it cost them around 2k.
After a few months, no dice. You'll be offered ACV or Actual Cash Value, which will be considerably less than what you paid.
2007-06-17 06:14:25
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answer #2
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answered by Tom S 5
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Anything can happen with money.. they will gladly take it back... for a fee I'm sure. Flip it around on them if you do. Ask them "I'd like to upgrade, but... why you should I upgrade?" ... don't let them know you don't like it. If they are eager to sell you the new car, they will take back the other more easily and offer maybe even an incentive to do so.
Cars, generally are a money losing proposition.
If you can tough it out, I would. I had to live with a purchase of a vehicle like that a couple of years ago and I have actually learned to like it.
2007-06-17 04:23:06
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answer #3
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answered by Norm 3
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AND YOU LOOSE approxmately $5,000 But you might stand a chance of talking them down provided that your car has all the popular options. And is front row ready clean as new. Remember it has to be sold as used. If they say your upside down on that loan but they will apply the unpaid ballance to your new car loan! That is when it gets scary with tricky financing and insurance. If your new car gets totaled your insurance will pay off the car not the additional extra loan you have.... Gap insurance adds to the cost of that new car. Can you say LOAN SHARK your'e about to find "CAR SHARKS"
2007-06-17 04:22:54
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answer #4
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answered by John Paul 7
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in maximum circumstances, your payoff on an vehicle loan is the central quantity owed and you basically pay activity on the stability of concept while you're making installment funds. So in case you pay your vehicle off early, you will no longer pay activity as a results of fact the assumption has been paid off. i'm hoping this helped.
2016-10-09 09:36:22
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answer #5
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answered by Anonymous
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I did that, and round up paying for both cars. They say yes to anything if you have the credit, but why pay for something you don't have?
It will be 2 more years before I can do anything about my mess up. How long do you have?
2007-06-17 04:29:13
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answer #6
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answered by spiritwalker 6
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