If you bought a new car and discovered you really do not like the car at all and the payments are way too high, what would you do? After 6 months.
2007-10-02 05:39:33 · 10 answers · asked by Rubyee2 1 in Cars & Transportation ➔ Buying & Selling
Most likely I'd be stuck with the car. You have two choices-either get rid of it and take the hit or keep it until you are no longer upside down on it (assuming that you didn't put a large down payment on it).
Question is, would it be worth it to continue paying on a car you hate or unload it and be done with it? I've been in your situation, I unloaded the car.
2007-10-02 05:42:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I just keep old cars running till they fall apart. I dont have good credit since i'm (black) & at an economic disadvantage. But anyway most of the folks around here that DO buy new cars & dont like em/cant afford em just do stupid stuff on the road & get into a wreck. That is if they have full coverage. If they only have liability they drive around looking for another drivers mistake & they have a "not-at-fault" wreck. Thats about the easiest way to get rid of a car you dont want. Higher insurance bills may be better than a damaged credit score. Other than that you're stuck with it till tis paid off.
2007-10-02 06:43:25 · answer #2 · answered by Willis C 3 · 0⤊ 1⤋
Depending on your down payment, you most likely are upside down on the car. (You owe more than it is worth) Myself, I would just have to live with it until I could afford to sell it myself and then get another one.
If it bothers you that much, then bite the bullet and trade it in adn get another that you like. The difference in the trade in value and what you owe on it will be added to the new car loan. It will cost you a bunch of money to do this, but if it means that much to you, good luck.
2007-10-02 05:49:11 · answer #3 · answered by Fordman 7 · 0⤊ 0⤋
It's called you keep it or you trade it in. You should have thought about these things 6 months ago (especially the high payments).
2007-10-02 05:46:37 · answer #4 · answered by Otto 7 · 0⤊ 0⤋
The smart thing to do is just trade it in for something that you do like. It's better than defaulting on the loan and more honest than doing an insurance job on it....Good luck!
2007-10-02 05:43:53 · answer #5 · answered by Kiffin # 1 6 · 0⤊ 0⤋
Leave it in the middle of a parking lpt outside a night club at night and hope some drunk guy totals it, then get the insurance and buy a new car.
2007-10-02 05:47:58 · answer #6 · answered by John 3 · 1⤊ 1⤋
if u offered ur motor vehicle new then u would desire to get all your funds returned. there's a regulation that ensures this. it rather is called Lemon regulation. in the event that they cant restoration your motor vehicle u in basic terms get ur funds returned. yet whilst the vehicle wasnt new i'm uncertain.
2016-12-28 11:11:01 · answer #7 · answered by divalerio 4 · 0⤊ 0⤋
ride down the mountain, beat it everyday till the payments stop
2007-10-02 05:42:34 · answer #8 · answered by Jack K 2 · 1⤊ 1⤋
get a 2nd job and find things you like about the vehicle!
2007-10-02 05:42:20 · answer #9 · answered by Anonymous · 1⤊ 1⤋
Recycle it, jajajajaja......................
2007-10-02 05:49:52 · answer #10 · answered by hotneneloco 2 · 0⤊ 1⤋