Can you trade your car in if you are upside down 7000

Asked by Kkevans Dec 04, 2016 at 02:54 AM

Question type: Car Selling & Trading In

I have a 2012 Camry Le with 82,000. I owe 15000. I
have a pre-approved loan for 20,000 for a new car.  
For 72 months with 8.99 monthly payment at
360.But the dealership say my car is only worth
8,000. I want a Toyota Van used certified. Prices
from lowest 15,000 to 20,000

2 Answers

157,115

Financing cars for over 48 months is always a bad idea . If you need to finance for longer the 48 months to keep the payments low, then you are buying more car than you can afford. I would keep the Camry, it should be good for at least 200,000 miles if properly maintained.

3 people found this helpful.
10

treding in viva 850 manual 2010 permonts rm192 we our use 5 months but i want change with saga fl. i want know if have a prosuder to do it.

1 people found this helpful.

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