How can you trade your vehicle if you have bad credit, what options, if any, do I have?
Jan 30, 2009 in
Financial and Loan Tips
briansbutterflygirl
Right now I’m upside down on a ’04 cavalier paying (way to high) monthly payments to get caught up. What can I do with really bad credit by the way, to either fix or trade my car to get rid of my $$ problem? Any advise will be appreciated!
Right now I’m upside down on a ’04 cavalier paying (way to high) monthly payments to get caught up. What can I do with really bad credit by the way, to either fix or trade my car to get rid of my $$ problem? Any advise will be appreciated!
Like this post? Subscribe to my RSS feed and get loads more!
One comment
brian knight on January 31, 2009 at 3:19 am
What I would do is sell it out right, you can still trade the car in they won’t say you can’t because your credit, just how much you will pay up front for the next car, is what your credit will mainly determine,…., but because of your bad credit, they will use this against you anyway because that’s what salesmen do, and not give you as much as say if you had good credit.
Either way, bad or good credit, you will still end up getting a lot more if you sell it yourself, a trade in is never a good thing to do, if you want fair value out of your car.
I know ebay is expensive to sell cars, but you can try sell.com which I think is about $1.00 for a month. Some other nice sites on the net to sell. Small local papers are really cheap too, to sell a car.