I have a car that I owe a little under 5k for, I would like to trade in the car and buy a car outright "cash". The balance on my car, will this go towards payment that I would like to make on new car?

Asked by Jun 06, 2012 at 07:22 PM about the 2007 Ford Taurus SE Fleet

Question type: Shopping & Pricing

Car is in excellent shape.

4 Answers

223,755

Yes, your car in excellent shape is worth about $6500 trade in, and you owe $5000, So you have a balance of $1500 plus the other amount you saved up to buy that other car for cash. Good Luck!

1 out of 1 people think this is helpful.
3,585

I looked up an average 07 Taurus SE similar to the company car I once had and found excellent with 60K miles to be worth close to above. Here's a link to my Kelly Blue Book results. You can enter your own zip code and get a more exact value for your car there too. http://www.kbb.com/ford/taurus/2007-ford-taurus/se-sedan-4d/?vehicleid=83707&intent=trade-in-sell&mileage=60000&category=sedan&options=1751409%7ctrue%7c1751421%7ctrue&pricetype=trade-in#survey

1 out of 1 people think this is helpful.
Best Answer

Thank you much to the both of you. I am glad that I asked this question as I assumed that I could not trade it in if I wanted to pay cash for new vehicle and still receive credit for old vehicle.

3,585

And thank you for the Best Answer Points!

Your Answer

Add photo

Related Questions

Taurus

Looking for a Used Taurus in your area?

CarGurus has 20,458 nationwide Taurus listings starting at $1,500.

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

Search Ford Taurus Questions

Ford Taurus Experts

#1 Tom Demyan
Tom Demyan
Reputation 3,570
#2 lightGear
lightGear
Reputation 1,860
#3 dandyoun
dandyoun
Reputation 1,830
View All

Related Models For Sale

Used Ford Fusion
1,062 Great Deals out of 78,457 listings starting at $1,250
Used Chevrolet Impala
793 Great Deals out of 34,384 listings starting at $799
Used Dodge Charger
357 Great Deals out of 29,619 listings starting at $2,475
Used Ford Explorer
936 Great Deals out of 73,995 listings starting at $750
Used Chrysler 300
404 Great Deals out of 22,149 listings starting at $1,000
Used Ford F-150
2,690 Great Deals out of 212,354 listings starting at $1,000
Used Ford Mustang
362 Great Deals out of 44,486 listings starting at $1,000
Used Honda Accord
811 Great Deals out of 81,613 listings starting at $899
Used Chevrolet Malibu
1,006 Great Deals out of 85,672 listings starting at $1,995
Used Ford Focus
697 Great Deals out of 58,722 listings starting at $995
Used Toyota Camry
1,091 Great Deals out of 96,268 listings starting at $1,250
Used Nissan Maxima
347 Great Deals out of 25,223 listings starting at $1,400
Used Buick LaCrosse
308 Great Deals out of 22,575 listings starting at $1,100
Used Nissan Altima
1,087 Great Deals out of 82,558 listings starting at $670
Used Ford Edge
808 Great Deals out of 50,862 listings starting at $3,375

Used Cars For Sale

2017 Ford Taurus For Sale
971 listings starting at $18,810
2016 Ford Taurus For Sale
48 Great Deals out of 7,893 listings starting at $16,990
2015 Ford Taurus For Sale
42 Great Deals out of 1,515 listings starting at $10,788
2014 Ford Taurus For Sale
42 Great Deals out of 1,376 listings starting at $8,994
2013 Ford Taurus For Sale
41 Great Deals out of 1,544 listings starting at $7,990