If I trade my car in for another one and I'm making payments on it...?

  • Thread starter Thread starter Impressive_Instant
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Impressive_Instant

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I owe about $4500 on my VW Beetle... and I'm thinking about getting another Beetle, but a turbo convertible... will my monthly payment be way more if I were to get the convertible because of the outstanding balance? I pay $109 a month for it right now...

Right now my credit is in the 500 range and I wouldn't have a downpayment...
 
Keep it.... cause $109 a month is extremely low and the chances of you qualifying for a loan is almost nil.
 
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