how do you deal with a car im financing on and want to trade it in for a cheaper vehicle with cheaper monthly payment? credits under 600.

Asked by Sep 22, 2014 at 11:29 AM

Question type: Shopping & Pricing

1 Answer

31,265

Subtract the amount the car is worth from the amount that owed. That's your equity. Or money that is subtracted from price of the car you want to buy. In other words. Your car is worth $10000. The amount you owe is $7500. Now you have $3500 to apply toward the next vehicle! :-)

Your Answer

Add photo

Related Questions

  • car financing 3 answers

    Im Looking to Finance a car and this will be my first car but i have no credit because i am young. I take at least 600 every 2 weeks and am will to finance if the prices arent too high . is it possi...

    2008 Chevrolet Impala

    -

    Shopping & Pricing

  • What would be the monthly payment on a car selling @ $29,888 1 answer

    Shopping & Pricing

  • what is considered bad credit ??? 4 answers

    What is considered a good credit score

    Ford

    -

    Shopping & Pricing

  • Car Dealers 1 answer

    Hi i have a 2004 infiniti g35 the engine just went out on me. I have a 600 credit score and ive been on my job for 6 yrs ...im looking to purchase a used reliable vehicle but no down payment can an...

    Shopping & Pricing

  • 1985 600 convertible windshield crossover 2 answers

    I can not find a windshield for my1985 dodge 600 convertible. Is there any other dodge vehicle who's windshield will fit a 1985 600 convertible.

    Dodge 600

    -

    General

Shortcuts

Search Shopping & Pricing Questions

Shopping & Pricing Experts

#1 Tom Demyan
Tom Demyan
Reputation 13,680
#2 FordNut
FordNut
Reputation 5,950
#3 joemom
joemom
Reputation 4,160
View All