2007-07-17 04:53:18 · 3 answers · asked by jay 1 in Cars & Transportation ➔ Buying & Selling
trade in a lease a new one...go to a dealer that deals w/ that make on the last day of month...
2007-07-17 04:58:58 · answer #1 · answered by Cool Breeze 3 · 0⤊ 0⤋
It all depends on your financial situation. Anytime you trade, it is going to cost you money. If you own your home, can you get a 15K loan and pay the auto loan off? That way, the interest you pay will be tax deductible in most situations.
If you are in over your head, then sell the car yourself, and pay the loan off or let the new buyer assume the loan. Then buy what you can afford and live with it until you can do better.
2007-07-17 05:14:25 · answer #2 · answered by Fordman 7 · 0⤊ 0⤋
Geesh, what kind of car is it? That's $18000. Is the car worth that now? Will it be worth that when it's paid for?
If not, trade it in, yes.
When I was done paying my car it still had value. Now, my car is 8 years old, but is completely paid for, (been that way for 4 years now) and still has some value left. (It would have more if I get the A/C serviced.
2007-07-17 05:02:51 · answer #3 · answered by kicking4jc 4 · 0⤊ 0⤋