Car trade

Asked by TLX_3289 Jan 19, 2017 at 02:41 PM

Question type: Car Selling & Trading In

If I owe 14k on my car but the book value is 9k and
I trade it in for a car that cost 2k how much will it
then own.  

2 Answers
34,735

lrodri911 answered 7 years ago

You're better off selling it on ur own. Dealer is not gonna give u blue book value because they need to make money

Mark helpful

F_O_R answered 7 years ago

That would mean you would owe $7,.000 on a $2,000 car but no bank would finance that. You might be better off driving your car and making payments until you have a positive equity in it.

1 people found this helpful.
Mark helpful

Your Answer:

Related Questions

  • Car trade 2 Answers

    If I owe 14k on my car but the book value is 9k and I trade it in for a car that cost 2k how much will it then own.

    Car Selling & Trading In

  • Question about car trade 1 Answer

    If I traded my car to someone but we have not filled out any papers can I get it back? He is in possession of it but it is not legally his yet.... please help

    Car Selling & Trading In

  • car trade in 1 Answer

    I have an 04 Ford Mustang that i want to trade. I borrowed a little money on the title at Title Cash. Can I still trade my car in and get the existing loan against it paid off at the same time?

    2004 Ford Mustang Coupe RWD

    -

    Car Selling & Trading In

  • Trade or buy our car? 1 Answer

    We are interested in a car on your site. Can you do a trade or buy our 2018 Lexus GX460?

    Car Selling & Trading In

  • Car trade In 1 Answer

    Can I trade in my car on this website if so how do I go about doing it ?

    Car Selling & Trading In

Shortcuts

Search Car Selling & Trading In Questions

CarGurus Experts

  • #1
    Ed92626
    Reputation
    5,730
  • #2
    james sparrow
    Reputation
    3,160
  • #3
    Bob Beaman
    Reputation
    2,850
View All

Find great deals from top-rated dealers

Search

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. Content will be removed if CarGurus becomes aware that it violates our policies.