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To Keep my 1 year old tiny car or switch to a bigger car.

Valued Contributor

Re: To Keep my 1 year old tiny car or switch to a bigger car.

No it doesn't work that way. If you get $15K for your trade in, it goes towards the $19K you owe on the loan. You still owe $4000 which get rolled into the price of the new car, raising the price above the sticker value. Your $15K from your trade in will not go towards the purchase price of the new car.
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Message 11 of 12
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New Contributor

Re: To Keep my 1 year old tiny car or switch to a bigger car.

Yea, wasn't sure what crack I was smoking. Sorry! LOL

Message 12 of 12