Many financial experts suggest that one not use an old car as a trade in when purchasing a new car. In fact, trading in your old car may ultimately cost you more or hurt your chances to get approved for an auto loan.
Most auto dealers have a certain amount of price flexibility. The more [...]
Also called being “upside down”, having negative equity in your trade in is not a position most people want to be in. There has been an influx of customers with poor credit trying to buy vehicles lately. That is great for us because we help people with bad credit buy cars. The problem is how many people with bad credit want to trade in their current car (that they owe way too much money on), and lower their payment.