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ricchi77
Cholo Nako
Joined: 21 Apr 2004
Posts: 38
Location: calexico
  
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 Posted: 29 Apr 2004 02:53 PM Post subject: Vehicle Trade-in Value |
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| I went to the kelley blue book website on the internet to lear the trade-in value of my mitsubishi mirage. I was shocked when I saw its value. I owe two times its value!! therefore, I'm stuck with it until the breach of its value and what I owe shrinks. It sucks!! I whish someone would have told me that those cars depreciate fast. it has been a very good and reliable car, but I want a new one. Can somebody help me find new ways to buy a new car? Am I going to be stuck to this car for at least two more years? HEEEELLLPPP!!!! |
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Americano
Coffee
Joined: 18 May 2003
Posts: 1640
Location: fair Verona
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| Posted: 29 Apr 2004 03:40 PM Post subject: Re: Vehicle Trade-in Value |
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| ricchi77 wrote: | | I went to the kelley blue book website on the internet to lear the trade-in value of my mitsubishi mirage. I was shocked when I saw its value. I owe two times its value!! therefore, I'm stuck with it until the breach of its value and what I owe shrinks. It sucks!! I whish someone would have told me that those cars depreciate fast. it has been a very good and reliable car, but I want a new one. Can somebody help me find new ways to buy a new car? Am I going to be stuck to this car for at least two more years? HEEEELLLPPP!!!! |
No matter what car you buy the value goes down as soon as you drive it off the lot. Some dealers claim they will pay of what you owe no matter what, but I don't know that small print on that. I think you will be better off selling it on your own. The Blue Book claims my truck is worth about 4K less than what I owe, but if I were to consider all the work I put into it and all the after market parts I could break even or make some money if I were to sell it privately. |
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bemisnorris
Cole
Joined: 16 Oct 2002
Posts: 2080
Location: Not Here
Votes: 1
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| Posted: 30 Apr 2004 09:17 AM Post subject: Re: Vehicle Trade-in Value |
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| ricchi77 wrote: | | I went to the kelley blue book website on the internet to lear the trade-in value of my mitsubishi mirage. I was shocked when I saw its value. I owe two times its value!! therefore, I'm stuck with it until the breach of its value and what I owe shrinks. |
You can still trade in your car; I bought a used truck, but was unhappy with it after only six months and traded it in for a newer car. |
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elchrist
See-thru Afro
Joined: 09 Oct 2002
Posts: 7485
Location: Calecia.com
Votes: 14
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| Posted: 23 May 2004 05:39 PM Post subject: BMX |
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| You might consider purchasing a new car at the BMW in Mexicali. |
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