New vehicle for baby

Asked by May 14, 2017 at 11:52 AM about the 2011 Toyota Tacoma Regular Cab

Question type: Car Selling & Trading In

We recently had a child and the vehicle I
drive is a two seater pickup. I cannot
transport him in my truck because of the
car seat/airbag/child safety laws. The
airbag cannot be turned off manually and
there is no safe way to secure the car seat
base to the seat. I want to look into trading
in my truck for a sedan. Here's the other
dilemma:
I owe 8700 on my truck
It's worth 6000
I'm upside down with 2700 negative equity
Is it worth it if I trade my truck in for a
vehicle that's worth 6000? What are the
issues that I face with trading it in?

1 Answer

106,685

You may also be able to trade into a lease. The amount you owe isn't a whole lot and if the manufacturer is running a deal on new lessees they'll possibly absorb the $2700 to get you into a lease. Shop around. HTH. -Jim

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