January 28, 2009
Should I trade in my SUV with the way things are going with obtaining a loan these days?
taj6900 asked:
I would like to trade in my 2004 Chevy trailblazer, but do you think it will be a bad idea at this time. I owe $15,000 on it and I know I won’t get much for it as a trade in. Also, the remainder of the loan will be probably be tack on to the new loan? Anyway, will it be a wise decision to see if I can upgrade or should I just stay put , take care of my Chevy and call it a day?
I would like to trade in my 2004 Chevy trailblazer, but do you think it will be a bad idea at this time. I owe $15,000 on it and I know I won’t get much for it as a trade in. Also, the remainder of the loan will be probably be tack on to the new loan? Anyway, will it be a wise decision to see if I can upgrade or should I just stay put , take care of my Chevy and call it a day?
Filed under Buying & Selling by Administrator
Comments on Should I trade in my SUV with the way things are going with obtaining a loan these days? »
I know we all love to get new cars but I would advise you to keep the Chevy for 10 years. After that you will get problems with it and it will start to cost you money and it will be better to trade the thing in and get a new one. Get the loan down as much as you can. You don’t need any more debt at this time. Take care of the car so it doesn’t need any repairs.
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