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How do i sell my car to buy a car without being car-less in between?
I can't trade the car I have to get the car I want. My car is worth roughly $4k and the car I want is worth roughly $5k or $6k. Should I get a small auto loan with enough to get the car i want and pay the majority of it off once I sell the car I have then only have a small amount left? I'm not sure how to go about this.
2 Answers
- RHCPLv 510 years agoFavorite Answer
Get a loan for the car you want (5-6k) then once you have signed the loan and own the car, sell your other car. Once that sells, apply that money towards your car loan and you will be left with 1-2 thousand remaining on the loan.
- pedro7of9Lv 710 years ago
get a 6k ;loan,,make sure theres NO pre payment fee,,sometime if u pay it off quick they screw you,,,read it before u sign anything
Source(s): been there
