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what would you do..???

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Old Sep 9, 2003 | 07:09 AM
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since i want to sell my car and get a truck...would you first sell the car and then get a loan for the remaining balance on the truck OR take out the full loan for the truck THEN sell the car and whatever i sell the car for, next months bill give it all up, OR save the money i sell the car for and pay it off normally????
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Old Sep 9, 2003 | 07:54 AM
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guess it depends on when you want this new car and if you have a car to use in the meantime.

first, i would make sure you would be approved for the loan. then, how much are your payments gonna be (for the whole amount)?? if thats doable for you, then it wouldnt matter if you put the money towards the loan or not. IMO, i would keep off to the side in case of emergencies.

But, you can save money on the interest if you pay it off sooner, and if you don't take out a big loan. so thats a good point too.

its really gonna depend on your money situation, and how much you NEED this money from your car or truck.

i hope this helps. i dont know which way will be best for you. each persons circumstances are different. Just do what you think is best with the suggestions.
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Old Sep 9, 2003 | 09:34 AM
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good points.
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Old Sep 9, 2003 | 09:51 AM
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Just pay off your car, man.
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Old Sep 9, 2003 | 10:16 AM
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Originally posted by schwanginpt
guess it depends on when you want this new car and if you have a car to use in the meantime.

first, i would make sure you would be approved for the loan. then, how much are your payments gonna be (for the whole amount)?? if thats doable for you, then it wouldnt matter if you put the money towards the loan or not. IMO, i would keep off to the side in case of emergencies.

But, you can save money on the interest if you pay it off sooner, and if you don't take out a big loan. so thats a good point too.

its really gonna depend on your money situation, and how much you NEED this money from your car or truck.

i hope this helps. i dont know which way will be best for you. each persons circumstances are different. Just do what you think is best with the suggestions.
I agree, you need to get approved for a loan first cause if you don't and sell your car first your sol without a paddle.
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Old Sep 9, 2003 | 10:16 AM
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Originally posted by DC2
Just pay off your car, man.
my car is paid off, i was pimp back then and i paid up front.
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Old Sep 9, 2003 | 12:28 PM
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?????
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Old Sep 9, 2003 | 12:33 PM
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i think he meant use the money from the car you sold to pay off the remaining on your new car.. but :dunno:
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Old Sep 9, 2003 | 12:35 PM
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i dunno........

im sure my car will sell quickly, well, atleast get alot of calls for it

someone wants it from HAN, the TSX girl...i think she is a girl...h:

if she/he :chuckles: offers me a good price ill sell it and ship it out, id rather it go somewhere else anyhow, i dont want to see it around town
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Old Sep 9, 2003 | 01:16 PM
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