How soon can I trade in my new car?

That will be the most expensive four day car price you'll ever pay, it's now a used car and worth thousands less than you paid.

Can you do this? Maybe if you have enough cash to make up the difference. Is this the smart thing to do? Absolutely not - your friends will literally laugh at you behind your back for being so foolish.

My advice - suck it up and live with the car you bought until you pay it off, call it a life lesson. Rolling debt from one car to another is a bad way to run your finances, when you buy a car, keep it until you own it, and then you can look into selling it or trading it in.

It will be a big hit as far as value is considered. You need to get back in there before they actually process the paperwork for your tags, like today. If you try and trade in that new car you could take as much as a 20 or 30% devaluation hit. Just because you already bought it! Go talk to the dealer, talk to the manager, not the floor manager, the store manager. If it's a local dealer talk to the owner, this is possible, I have done it! Let them know that buyers remorse has set in, but not in buying a new car just buying THAT car. They may dock you for miles, but if the dealer knows they are keeping a valued customer then they will deal. Remember that you are a valued customer to them and they want you to come back.

You will not get a good deal. You'll have to pay for the depreciated value of the car since it is now a used car. All states treat a registered car (even if registered for one day) as a used car. Can't be sold and registered to another buyer as a new car - consumer protection laws are involved here. So, you'll have to pay that depreciation cost which may be 20% of the new price you paid. You will be getting the TRADE-IN value for your car. A major financial hit.

Well first off you don't possess the automobile you might be using. Whoever is financing your $14.5 owns it for the reason that they have a lien on it. You're paying off the lien along with your month-to-month payments. Now the query turns into who is financing your mortgage? Auto manufacturer through their fiscal arm? Financial institution? Credit union? ETCETC? Contact them see what they may be able to/will do for you. Is the automobile you desire to purchase from the same manufacture? If this is the case, you possibly in a position to swiftly work whatever out with the finance arm. BE conscious that your automobile is not worth now what you paid for it---it is a used auto. It has depreciated. Be ready to swallow the possible difference. You could trade a automobile clearly at any time, easiest if you happen to own the car outright: like now the financing must be cleared first or you will have severe legal problems. Speak and listen to the purchasers you need to care for, after first talking and paying attention to your leinholder. They'll offer you a payoff determine on your gift automobile.[DO NOT be surprised if it is more than you think] good success.

You've signed the papers and assumed the obligation so it is yours to do with as you will. Will you take a financial hit? Of course, at least 10~15% of the selling price as it is now used. You may get a better deal from the dealer you purchased from but you are going to be still obligated for the entire price of the car.

Just as soon as you feel like eating a big financial loss.

BTW, there is no right to return a vehicle in any state.

Idk