I want to trade it in my suzuki forenza, what is the best way to get out of the loan?

  • Thread starter Thread starter amn305
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amn305

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I want to trade in my forenza because I am starting to have problems with it. I don't want to continue to put money into a car and the problem is never fixed. The problem is my car is finance through my credit union and has a loan balance of 8500.00. The balance will be added to new car's loan if I stick with the current credit union.My question is what will happen if I go through another institution or the actual dealer for this trade in? Would a private buyer be a better out for this car? Also if my credit isn't so good, what are my chances of getting a good deal?
 
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