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So if I am currently paying off a vehicle, vehicle A, that I have had for a year and I paid $25,000 for and I trade it in on a $40,000 vehicle, vehicle B, do I still have to pay for vehicle A or does the dealership pay off vehicle A and only give me say $4,000 on my trade in and let me walk away with vehicle B with a new payment that does not involve vehicle A at all. Thanks.
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Phil M Wrote:
-------------------------------------------------------
> Yes. They must pay it off in order take
> possession of it.
>
> You will have whatever you owe on Car A added to
> the price of Car B and a new (higher) payment.
>
> What matters most is how much you get for the car
> with the dealer vs. selling it outright AND would
> you get enough to pay off the loan for car A?
>
> You can't legally sell it if you don't pay it off
> because the lienholder has the title.
>
> If you don't have enough, then rolling all of it
> into a new loan is your better bet.
vvnpy Wrote:
-------------------------------------------------------
> Phil M Wrote:
> --------------------------------------------------
> -----
> > Yes. They must pay it off in order take
> > possession of it.
> >
> > You will have whatever you owe on Car A added
> to
> > the price of Car B and a new (higher) payment.
> >
> > What matters most is how much you get for the
> car
> > with the dealer vs. selling it outright AND
> would
> > you get enough to pay off the loan for car A?
> >
> > You can't legally sell it if you don't pay it
> off
> > because the lienholder has the title.
> >
> > If you don't have enough, then rolling all of
> it
> > into a new loan is your better bet.
>
>
> So the dealership will handle the title stuff?
Yes, they will take care of the title. The title is proof you own the car. Until the car is fully paid for, you can't have the title - because technically the bank still owns the car until your loan is paid off.
handle your money Wrote:
-------------------------------------------------------
> Jesus, what kind of a loser borrows money to buy a
> car? Buy a car you can afford and pay cash. Duh.
If you are young and Mommy or Daddy is not footing the bill it's tough to pay cash for a decent used car. Say your 21 and you start your first "real" job. You need something reliable to get to work and back on a consistant basis. Well your 1997 $1500 hooptie is unreliable. In this case it makes sense to finance a used, no frills, basic Toyota or Honda.
Just sayin' Wrote:
-------------------------------------------------------
> handle your money Wrote:
> --------------------------------------------------
> -----
> > Jesus, what kind of a loser borrows money to buy
> a
> > car? Buy a car you can afford and pay cash.
> Duh.
>
> If you are young and Mommy or Daddy is not footing
> the bill it's tough to pay cash for a decent used
> car. Say your 21 and you start your first "real"
> job. You need something reliable to get to work
> and back on a consistant basis. Well your 1997
> $1500 hooptie is unreliable. In this case it makes
> sense to finance a used, no frills, basic Toyota
> or Honda.
Bullshit. If you are 21 you should have been working part time and full time jobs for 5 years and you should have 15 to 20 thousand in savings at the very least. Starting off life using someone else's money and paying them for the privilege of using it sets the tone for a lifetime of failure.
You do not have to make a lot of money to be wealthy you just have to make responsible money decisions from the start. Work hard and make your money work hard for you.
handle your money Wrote:
-------------------------------------------------------
> Just sayin' Wrote:
> --------------------------------------------------
> -----
> > handle your money Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Jesus, what kind of a loser borrows money to
> buy
> > a
> > > car? Buy a car you can afford and pay cash.
> > Duh.
> >
> > If you are young and Mommy or Daddy is not
> footing
> > the bill it's tough to pay cash for a decent
> used
> > car. Say your 21 and you start your first
> "real"
> > job. You need something reliable to get to work
> > and back on a consistant basis. Well your 1997
> > $1500 hooptie is unreliable. In this case it
> makes
> > sense to finance a used, no frills, basic
> Toyota
> > or Honda.
>
> Bullshit. If you are 21 you should have been
> working part time and full time jobs for 5 years
> and you should have 15 to 20 thousand in savings
> at the very least. Starting off life using someone
> else's money and paying them for the privilege of
> using it sets the tone for a lifetime of failure.
> You do not have to make a lot of money to be
> wealthy you just have to make responsible money
> decisions from the start. Work hard and make your
> money work hard for you.
Not sure what fucking world you are living in, but it ain't around here. If you are a trust fund kid, maybe you have cash. The self made folks are pinching pennies in their 20's even after making fine decisions. That's just econ 101 and the way the world works.
nigga what? Wrote:
-------------------------------------------------------
> handle your money Wrote:
> --------------------------------------------------
> -----
> > Just sayin' Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > handle your money Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > Jesus, what kind of a loser borrows money
> to
> > buy
> > > a
> > > > car? Buy a car you can afford and pay cash.
> > > Duh.
> > >
> > > If you are young and Mommy or Daddy is not
> > footing
> > > the bill it's tough to pay cash for a decent
> > used
> > > car. Say your 21 and you start your first
> > "real"
> > > job. You need something reliable to get to
> work
> > > and back on a consistant basis. Well your
> 1997
> > > $1500 hooptie is unreliable. In this case it
> > makes
> > > sense to finance a used, no frills, basic
> > Toyota
> > > or Honda.
> >
> > Bullshit. If you are 21 you should have been
> > working part time and full time jobs for 5
> years
> > and you should have 15 to 20 thousand in
> savings
> > at the very least. Starting off life using
> someone
> > else's money and paying them for the privilege
> of
> > using it sets the tone for a lifetime of
> failure.
> > You do not have to make a lot of money to be
> > wealthy you just have to make responsible money
> > decisions from the start. Work hard and make
> your
> > money work hard for you.
>
>
> Not sure what fucking world you are living in, but
> it ain't around here. If you are a trust fund
> kid, maybe you have cash. The self made folks are
> pinching pennies in their 20's even after making
> fine decisions. That's just econ 101 and the way
> the world works.
You keep thinking like that and you will be in debt your entire life. You will spend your life being a slave to the man. Paying the rich man all that interest.
It takes money to make money. I supposed you bought your first house with cash, when you were in your 20's, with the money that YOU EARNED and so frugally saved. Nigger please enough with the Bullshit.
Uh No Wrote:
-------------------------------------------------------
> It takes money to make money. I supposed you
> bought your first house with cash, when you were
> in your 20's, with the money that YOU EARNED and
> so frugally saved. Nigger please enough with the
> Bullshit.
You are right. I did take on a mortgage in my 20s when I bought a cheap townhouse but I rented out two rooms and those two renters made the mortgage payment for me and I drove old shitty cars that I did most of the repair work on myself. After a few years I had saved up almost 40 grand. I put that 40 grand to work in a series of cascading CD's, in those days you could earn 5 to 8 percent depending on the term of the CD. I worked a full time job and did side jobs like painting and yard work to get even more money. It is really pretty easy if you are willing to work hard and make your money work hard.
As time went on I sold that townhouse and made 135 grand on it and things went on from there.
handle your money Wrote:
-------------------------------------------------------
> nigga what? Wrote:
> --------------------------------------------------
> -----
> > handle your money Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Just sayin' Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > handle your money Wrote:
> > > >
> > >
> >
> --------------------------------------------------
>
> >
> > >
> > > > -----
> > > > > Jesus, what kind of a loser borrows money
> > to
> > > buy
> > > > a
> > > > > car? Buy a car you can afford and pay
> cash.
> > > > Duh.
> > > >
> > > > If you are young and Mommy or Daddy is not
> > > footing
> > > > the bill it's tough to pay cash for a
> decent
> > > used
> > > > car. Say your 21 and you start your first
> > > "real"
> > > > job. You need something reliable to get to
> > work
> > > > and back on a consistant basis. Well your
> > 1997
> > > > $1500 hooptie is unreliable. In this case
> it
> > > makes
> > > > sense to finance a used, no frills, basic
> > > Toyota
> > > > or Honda.
> > >
> > > Bullshit. If you are 21 you should have been
> > > working part time and full time jobs for 5
> > years
> > > and you should have 15 to 20 thousand in
> > savings
> > > at the very least. Starting off life using
> > someone
> > > else's money and paying them for the
> privilege
> > of
> > > using it sets the tone for a lifetime of
> > failure.
> > > You do not have to make a lot of money to be
> > > wealthy you just have to make responsible
> money
> > > decisions from the start. Work hard and make
> > your
> > > money work hard for you.
> >
> >
> > Not sure what fucking world you are living in,
> but
> > it ain't around here. If you are a trust fund
> > kid, maybe you have cash. The self made folks
> are
> > pinching pennies in their 20's even after
> making
> > fine decisions. That's just econ 101 and the
> way
> > the world works.
>
> You keep thinking like that and you will be in
> debt your entire life. You will spend your life
> being a slave to the man. Paying the rich man all
> that interest.
These kids dont care about that shit. They just declare bankruptcy every 7 years.
How complicated it is. Therefore, I usually take from longo auto dealer and advise it to my friends. Buying a car in this way is much more profitable. Moreover, they are almost all in perfect condition, and there is no need to overpay to the salon. In general, I like this system and used cars more.
Maybe you should get a loan then. I have just got one from https://theguaranteedloans.com/5000-dollar-personal-loans/ for me, and I think this service is really great and working. I am sure that you will find it interesting to you as well, check it out and good luck :)
Hello everybody. I prefer to buy a car only from the best and trusted car dealerships. Recently, a friend of mine bought a car from one of the auto dealers, and he really did not like the service, and the car had some malfunctions. Of course, after that he had to leave a bad review on bigmotoringworld. Therefore, before you buy a car, first pick up a good dealer!
Bastony Wrote:
-------------------------------------------------------
> Hello everybody. I prefer to buy a car only from
> the best and trusted car dealerships. Recently, a
> friend of mine bought a car from one of the auto
> dealers, and he really did not like the service,
> and the car had some malfunctions. Of course,
> after that he had to leave a bad review on
> [url=https://big-motoring-world.pissedconsumer.com
> /review.html]bigmotoringworld[/url]. Therefore,
> before you buy a car, first pick up a good dealer!
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