Do Car Dealers buy cars back? ALTIMA 07?
my loan amount is 24k i have only made 2 payments so far and want to get rid of it since things are tight right now(yeah figured it out to late) and wanna know if dealers would even consider buying the car.
my loan amount is 24k i have only made 2 payments so far and want to get rid of it since things are tight right now(yeah figured it out to late) and wanna know if dealers would even consider buying the car.
Comments
they would buy it back, but it would be far less than what you owe. You would be responsible for the difference. Even though you just bought it, and its still new, its used to the next buyer. For the dealer to sell it used, sitting next to the new ones, they are going to have to have a heckk of a deal on it.
You can subtract any taxes you paid plus about another 15 to 20 % depreciation. As soon as a car has been registered, it's not a new car anymore
they may but they would probably only give you about 18000 or so for it because the have to sell it less than the new car prices your best bet would be to advertise it as take over payments you would loose your taxes registration fees and down payment but you may be able to save yourself the 6000 or so you would loose selling it back to the dealer.
Yes. It's called a "trade-in."
try carmax