What is your opinion in this SCENARIO?!
Question: What is your opinion in this SCENARIO!?
Lets say you buy a 2009 Cadillac Escalade!.!.a real expensive vehicle!.!.!.but then decide 20 days later you don't want it anymore (not 3 days!.!.!.20 days!.!.), can you trade it in for a more affordable car such as a 2008 honda civic at the honda dealership!? Will they even take it, if they do!.!.!.how much money do you lose!? Is money even lost!? Best answer 10pts!Www@Enter-QA@Com
Answers:
Regardless of weather you keep the Escalade or not, it still has to be paid to the bank, as the bank paid for the car to the dealership!. If you wanted to trade in the Escalade, they would credit what its worth to the Honda Civic, and then the remaining balance would be made in your payments!. Weather you trade the car in or not, you end up paying!. I did this with my 05 Ford Mustang GT!. I loved the car, but it was too much on gas and insurance, so I traded it in for and 05 Honda Civic!. My loan was higher because of the Mustang!. Www@Enter-QA@Com
I don't think there's any universal answer for this question!. Basically, you're relying on the good nature of the car dealership you bought it from and the condition you've kept it in for the last 20 days!. If I were you, I'd probably make up a little bit of a sob story saying how you were just fired or whatever and now you can't possibly afford this car!. The sympathy vote can get you quite far!.
If it doesn't work, stop using the car and try and sell it somewhere else (like a second-hand car dealership / magazine) for just a couple hundred less!. You'll get rid of it and not waste too much money!.
Good luck!.Www@Enter-QA@Com
If it doesn't work, stop using the car and try and sell it somewhere else (like a second-hand car dealership / magazine) for just a couple hundred less!. You'll get rid of it and not waste too much money!.
Good luck!.Www@Enter-QA@Com
You cannot believe how much a car, even an expensive one, will depreciate in 20 days according to car dealerships! the Honda dealership will take it and ask WAY more when they re-sell it than they gave you for it!. But then you are stuck with a foreign car stabbing another knife in the back of the US economy!. Besides Civic have a propensity to get cracked blocks and that costs big bucks to fix!. Stick with the Escalade!.Www@Enter-QA@Com
I worked in the auto industry as a salesman!.!.!.let me tell you that unless you paid cash for the Cadillac and owe far less then it is worth, then be prepared to put a lot of cash down to pay the Cadillac off so that they can make the trade!.Www@Enter-QA@Com
Sure you can trade it in, but be prepared for them to offer you much less as a trade in than you paid for it!. Maybe you should have thought this all out before signing the sales contract!.Www@Enter-QA@Com
You can trade it in but you are going to take a hit on it, they like to give you at least $2000 less than you paid for it!.Www@Enter-QA@Com
you can lose up to ￡10000 xxWww@Enter-QA@Com
Trade it in for 3 Honda Civics :-)Www@Enter-QA@Com
You would lose tooooo much money!.Www@Enter-QA@Com