Question about trading a 2005 Dodge Neon for a 2010 Mazda3?

neurodistortion

New member
I currently have a 2005 Dodge Neon but after a few accidents over the past 2 years, I'm considering trading my car for another one, possibily a 2010 Mazda3. First of all, what could the trade-in value of the Neon be despite all of the past accidents? Two years ago, I was rear ended at a red light, but those damages, which came to be around $3000, were completely repaired. Another accident involved me sliding on an icy road and hitting a guardrail, putting a dent on my drivers side fender. That wasn't fixed and the dent is still there. The last accident, which I wasn't even driving at the time, was a front-end collision with damage consisting of a cracked front-end bumper and an out of aligned/bent hood, not to mention one of the radiator fans doesn't work and the powersteering pulley is cracked in half and needs replaced. There might be other damages hidden from view. I don't have a price estimate for that but it's likely going to be over $1000 to get it back to pre-accident condition. The price of the car was around $13,000 when I bought it in early 2006. Another question, I'm financing my Neon and still have almost $5000 left to pay, so would I still be able to trade it in despite owing that much money for it?
 
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