Low low price new car dealerships?
I am going to trade in my vehicle for a new one - i bought it new. it is in good - excellent condition.. it is a 2004 chevrolet impala with 37000 miles. i have an excess amount in my gmac loan that i will have to roll over by about $4,000..00 my question is: new car dearship ads in sunday papers. a "few" of the big name dealerships run full page "splashy" ads in the sunday auto sections. they advertise new vehicles well below the cost for the same s at their other local franchises. for instance one dealer has new 2006 chevrolet silverados (not a misprint) for $9600.00, 2006 new impalas for $15,000.00, new 2006 equinox for $19,000.00 there are only a few dealers that offer these prices for my . they are in outlying are locations. on the phone the dealer tells me the ad prices are within the range advertised. i have to get my rollover balance down without getting into a lesser .
Answer
Why in the hell would you trade? financing negative equity, in otherwords paying interest on a loan balance for a car you no longer own is about the worst thing you can do financially. what do you think is going to happen in 2 or 3 years when you want another new car?
