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?

2 Answers

263,765

It's best to pay off the negative equity before picking up a new loan. If you can't, some dealers will roll that negative equity into the new loan, by giving you more for your trade at the same time adding the same amount to the new vehicle price, but it's not advisable to do so.

2 of 2 people found this helpful.
Best Answer Mark helpful
72,335

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

Your Answer

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

Toyota Tacoma Experts

  • #1
    Tom Demyan
    Reputation
    1,160
  • #2
    jtubbs
    Reputation
    350
  • #2
    BURT100
    Reputation
    350
View All

Related Models For Sale

Used Toyota Tundra
665 Great Deals out of 34,267 listings starting at $1,500
Used Nissan Frontier
446 Great Deals out of 23,767 listings starting at $1,500
Used Ford F-150
3,135 Great Deals out of 219,096 listings starting at $1,200
Used Toyota 4Runner
344 Great Deals out of 26,026 listings starting at $1,800
Used Chevrolet Silverado 1500
2,573 Great Deals out of 173,276 listings starting at $1,000
Used Chevrolet Colorado
337 Great Deals out of 37,331 listings starting at $1,995
Used GMC Sierra 1500
1,148 Great Deals out of 64,234 listings starting at $999
Used Ford Ranger
195 Great Deals out of 5,546 listings starting at $1,800
Used Jeep Wrangler
458 Great Deals out of 19,208 listings starting at $2,500
Used Dodge Ram 1500
434 Great Deals out of 11,069 listings starting at $2,000
Used GMC Canyon
161 Great Deals out of 13,752 listings starting at $2,900
Used Ford F-250 Super Duty
403 Great Deals out of 48,598 listings starting at $1,899
Used Jeep Wrangler Unlimited
592 Great Deals out of 48,606 listings starting at $8,995
Used Nissan Titan
285 Great Deals out of 17,696 listings starting at $3,800

Used Cars For Sale

2017 Toyota Tacoma For Sale
27 Great Deals out of 21,745 listings starting at $13,995
2016 Toyota Tacoma For Sale
88 Great Deals out of 2,921 listings starting at $17,498
2015 Toyota Tacoma For Sale
102 Great Deals out of 3,053 listings starting at $12,999
2014 Toyota Tacoma For Sale
78 Great Deals out of 1,773 listings starting at $8,950
2013 Toyota Tacoma For Sale
93 Great Deals out of 2,088 listings starting at $7,550

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.