to lease or trade towards new car? I have a 2008 Ford Focus SE with all the perks- but I owe $13,700 - so I figure I am about $4,000 upside down in my loan. Im looking to get into an SUV with lower payments. I pay $400 month now.
I want to pay in the $200's. I can put about $1,500 down but have credit score about 4.9.- past bankruptcy, on time with payments whole time with this car.
I have been told by some car dealers I should lease and other's that leasing is horrible and I should buy. So which is better?
When I am doing my trade in- Do I tell the dealer before or after I negotiate on a vehicle that I am interested in? Can I negotiate on perks or vehicle cost of the new car if I am using my trade in that is upside down?
Can I buy a used car and do my upside down trade in on a used car?
Please help!
I want to pay in the $200's. I can put about $1,500 down but have credit score about 4.9.- past bankruptcy, on time with payments whole time with this car.
I have been told by some car dealers I should lease and other's that leasing is horrible and I should buy. So which is better?
When I am doing my trade in- Do I tell the dealer before or after I negotiate on a vehicle that I am interested in? Can I negotiate on perks or vehicle cost of the new car if I am using my trade in that is upside down?
Can I buy a used car and do my upside down trade in on a used car?
Please help!