I would like to trade in my 2016 Elantra

Asked by Jan 15, 2017 at 11:44 AM

Question type: Car Selling & Trading In

I have chosen some cars, however my
credit is low. Will I need a co-signer?

2 Answers

251,225

Depends on what your financial situation is. Car gurus does not finance vehicles. I would check with your bank or credit union. I suspect you might have an issue, be it that you have low credit and your trading in a 2016 vehicle already , which in itself is not a good idea. You will take a huge hit on depreciation and be further into debit. I suggest you keep up with the payments on the current car till you get your credit numbers up.

1 of 1 people found this helpful.
69,395

In addition, if this vehicle is giving you a lot of trouble you may be covered by The Lemon Law. Otherwise, as Tom said, keep it. HTH. - Jim

Your Answer

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Car Selling & Trading In Experts

  • #1
    F_O_R
    Reputation
    2,420
  • #2
    Tom Demyan
    Reputation
    1,240
  • #3
    Bob Beaman
    Reputation
    1,120
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.