Trappe, Maryland; Town: Motto(s): 19th Century Charm - 21st Century Progress Location of Trappe, Maryland: Coordinates: Coordinates: Country United States: State Maryland: County: Talbot
When buying new cars, if you ignore our advice and you trade in a used car which you still owe money on, insist that the dealer put in writing that they will pay off your car loan in 10 days or no deal. Then the dealer is liable because you took steps to protect your rights up front.
The Camaro is a bit bigger but has the new DI engine shich gives you plenty of power ad decent gas mileage becasue of the DI engine design. How long should one wait to trade in a car--that all depends. Usually, one should have at least 3/5ths of the car's purchase MSRP or purchase value paid off before trading it in. Taking this into consideration, you might stand a chance at getting some equity out of your trade, putting this amount towards your new vehicle purchase.