Do you think?
#5
well they process this the same way that they would if the xB was a used car. they will calculate in the mileage then any paint damage, then you hope that they give you a good price then you pay the difference.
for me the auto was $18K out the door and kelly blue says its about $15K an excellent condition. so i say expect to bring about $3K just in case the dealer rips you off for the trade in value
for me the auto was $18K out the door and kelly blue says its about $15K an excellent condition. so i say expect to bring about $3K just in case the dealer rips you off for the trade in value
#6
Well, you won't be able to do a straight trade, since cars depreciate immediately once you drive off the lot. Check this calculator to see more info about that:
http://www.money-zine.com/Calculator...on-Calculator/
When I traded in my 2005 Matrix for my 2008 xB, I still owed 4300 on it. The dealer offered me 11,000 for my car. That left me with a "credit" of 6700 to be applied towards the xB. I also put 1000 down, bringing my purchase price to around 10000. (I added some accessories.)
The trade in process isn't like having the dealer "buy" your car, unless you go to Carmax, in which case they will evaluate your car and buy it from you based on what they would have to pay for it at an auction.
If you still really want to do this, you might be better off selling your car to someone, paying off your loan, then starting over with a new 5-speed. Or, go the Carmax route and lose a little more money. It would still probably work out better than trading it in so soon.
http://www.money-zine.com/Calculator...on-Calculator/
When I traded in my 2005 Matrix for my 2008 xB, I still owed 4300 on it. The dealer offered me 11,000 for my car. That left me with a "credit" of 6700 to be applied towards the xB. I also put 1000 down, bringing my purchase price to around 10000. (I added some accessories.)
The trade in process isn't like having the dealer "buy" your car, unless you go to Carmax, in which case they will evaluate your car and buy it from you based on what they would have to pay for it at an auction.
If you still really want to do this, you might be better off selling your car to someone, paying off your loan, then starting over with a new 5-speed. Or, go the Carmax route and lose a little more money. It would still probably work out better than trading it in so soon.
#7
I wouldn't trade anything in unless you had to. If I had traded my WRX in to the dealership instead of sold it private party, I would have probably got around $12,000 instead of the $15,170 I got for it by selling it private party.