theSTIguy

ok well im looking to get a Z and i cant sell my car private party cuz im still doing payments anyway ok om my car i put 12000 down and i pay 620 a motnhs and its been 24 months and the car cameout to be 33500 so if i trade my car for a z how much would they gimmi off the z i dont get how the trade in of a car works if ur still paying for it

The Brickyard Rat

iTrader: (1)

Without knowing interest rate we can't give you a precise number on balance owed. And without knowing make/condition we can't tell you exactly how much you'll get on trade-in. But below ought to be in the ballpark.

You owe roughly $8500 on your car. Lets say its trade in value (wholesale...dealer has o leave room for profit) is $18,000. He will subtract the amount you owe leaving $9,500 ($18,000 -$8500) as cash toward the Zzzz.

Assuming you buy a Zzzz (including tax & license) for $31,000, you will have to come
up with another $21,500 ($31,000-$9500)in cash/loan to buy the Zzzz.

undrgnd

iTrader: (2)

If you don't mind me asking, why are you trying to sell the STi!

hypeiv

iTrader: (2)

If the Z is 31k and you get 18k for your trade in you only have to pay tax on the 13k difference. Sometimes the tax savings can negate the better price you get by selling private party.

jakedajewel

I have good credit...does any1 have a good approximation of how much interest it will be to purchase a '05 with $8k down??

hypeiv

iTrader: (2)

http://www.capitaloneautofinance.com...tomobiles.aspx

davidv

iTrader: (2)

“i dont get how the trade in of a car works if ur still paying for it”

You borrow money for the seller (350Z) to pay off the lender (STi).

Z1 Performance

iTrader: (564)

why can't you sell it private party? Unless its a lease, you sell it, pay the lien off, they give clear title to the new owner, and you take anything over and above your payoff towards the new car...