Cars & Transportation: Buying & Selling: “Question: Should I buy a brand new Jeep Compass or a Mercedes ML350 that's a few years old?” plus 5 more |
- Question: Should I buy a brand new Jeep Compass or a Mercedes ML350 that's a few years old?
- Question: Is this a good deal on a car?
- Question: Can I lower my car loan this way?
- Question: If I'm buying a car from a private seller in VA (craigslist) do they leave the tags on? (Aren't they linked to the pink slip & registration?
- Question: What would be the most economic between hybrid, electric and natural gas car? Like Toyota Prius, GM Volt and Honda Civic?
- Question: What should I do? I need honest answers.?
Question: Should I buy a brand new Jeep Compass or a Mercedes ML350 that's a few years old? Posted: 13 Aug 2016 09:02 PM PDT Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel |
Question: Is this a good deal on a car? Posted: 13 Aug 2016 08:55 PM PDT Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel |
Question: Can I lower my car loan this way? Posted: 13 Aug 2016 06:52 PM PDT This is all just an example to see if I can lower a car loan this way. So say I want to buy an $18,000 truck and I have $2,000 to put down on it. And I get a $16,000 loan from the bank. So my car payment is about $350 a month roughly. But then say I acquire $6,000 from selling an old boat or something that I didn't use that was sitting in my yard and want to put all of that towards my car payment. Could I pay the bank that $6,000 to lower my monthly payment to like $200? Or does it not work that way? This is the first car I'll ever be purchasing myself and I just wanted to double check. I wouldn't see why not though |
Posted: 13 Aug 2016 06:50 PM PDT In VA the tags stay with the car owner, not the car. You will get a title and will have to register the car yourself before you can legally drive it. The owner can transfer the tags to another vehicle, or turn them into DMV to be canceled |
Posted: 13 Aug 2016 05:02 PM PDT Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel Report AbuseAdditional DetailsIf you believe your intellectual property has been infringed and would like to file a complaint, please see our Copyright/IP Policy Report Abuse Cancel |
Question: What should I do? I need honest answers.? Posted: 13 Aug 2016 05:02 PM PDT It's going to depend on what the payoff of your current loan is, and what the value of the car is. If you are paying off the loan early (when you trade it in the dealer taking the car in trade pays it off) you do not have to pay off the interest for the whole term of the loan. If you financed $9000 (the car and taxes) the payoff amount to retire the loan will be less than that. Here's the problem: if you have not had made about a third of the total payments, the car is probably not worth in trade the amount you owe on it. |
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