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Posts: 3041
10/29/2009 11:36 PM
Posts: 8959
10/29/2009 11:37 PM
Banned 12-21-11
Posts: 6199
10/29/2009 11:41 PM
DoesThatSparkle wrote: Never trade your car. 9 times out of 10 you won't get as much as you would if you were to sell it yourself.
10/29/2009 11:53 PM
Posts: 35839
10/30/2009 12:15 AM
Mands, if you don't mind me asking, what do you have now and what do you want to purchase?
10/30/2009 12:28 AM
AlfTheGreat wrote: It's not that easy to personally sell your car outright these days. Few people do that successfully. Mands, if you don't mind me asking, what do you have now and what do you want to purchase?
Posts: 22801
10/30/2009 12:43 AM
ThisIsErin wrote: DoesThatSparkle wrote: ThisIsErin wrote: You're gonna be upside down, meaning you owe more the loan than the car is worth. You need to pay the loan down more. How do you know? You have no idea how much they would offer her for her car... I'm psychic.
DoesThatSparkle wrote: ThisIsErin wrote: You're gonna be upside down, meaning you owe more the loan than the car is worth. You need to pay the loan down more. How do you know? You have no idea how much they would offer her for her car...
ThisIsErin wrote: You're gonna be upside down, meaning you owe more the loan than the car is worth. You need to pay the loan down more.
Posts: 14803
10/30/2009 12:45 AM
Best SN '09
Posts: 3757
10/30/2009 12:46 AM
10/30/2009 12:47 AM
10/30/2009 12:50 AM
DoesThatSparkle wrote: So nobody buys cars from a private owner if they are $20k+? Uhh.... I just think it's completely silly to automatically trade in your car. Try and sell it first. If it's a long time and you still can't? Then fine, trade it in. But to automatically lose thousands of dollars and say "eh, it's not worth it" is just bad money management. My parents, friends, family, etc. have all sold all of their cars privately and never had a problem. And some of them very recently. I mean, obviously do what you want...but like I said, it's just silly to automatically go for the trade in when 9 times out of 10 they will never result in as much as a private sale.
10/30/2009 12:57 AM
DoesThatSparkle wrote: AlfTheGreat wrote: When you privately sell a car, the buyer has to go out and secure a loan on his/her own rather than going through a dealership, so it's difficult and sometimes risky to privately sell it. What? That makes no sense. I sold my car, bought my new car at the dealership and all the financing was done through the dealership (who worked with a bank). I never had to go and secure any loan on my own.
AlfTheGreat wrote: When you privately sell a car, the buyer has to go out and secure a loan on his/her own rather than going through a dealership, so it's difficult and sometimes risky to privately sell it.
10/30/2009 1:03 AM
10/30/2009 1:06 AM
DoesThatSparkle wrote: What? That makes no sense. I sold my car, bought my new car at the dealership and all the financing was done through the dealership (who worked with a bank). I never had to go and secure any loan on my own.
10/30/2009 1:12 AM
DoesThatSparkle wrote: It still doesn't make sense. Just because someone tries to go to a dealership for financing, it doesn't mean it's any easier to get approved for a loan. They (the dealerships) use the same banks and financial institutions as a "regular" person would when they try and secure their own loan.
Posts: 6106
10/30/2009 1:36 AM
Posts: 17201
10/30/2009 4:50 AM
exclusivehoodie wrote: DoesThatSparkle wrote: Never trade your car. 9 times out of 10 you won't get as much as you would if you were to sell it yourself. Yeah but sometimes it's worth it to avoid the hassle.
Posts: 773
10/30/2009 9:06 AM
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