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Car problems
ChadTower:
So $4000 isn't really all that unreasonable a request, from what I am seeing, is that correct?
clanggedin:
If you get $4000 then you only have to absorb $1700 in negative equity in the Elantra. If it is a 2005, then there is no book on it and you can finance up to MSRP if your credit is good enough.
Always go in high like having the dealership give you what you owe on it for trade, then you have room for negotiation. It's easier for them to settle at $4000 if they have talked you down $1700.
Remember, you can always walk away from the deal.
ChadTower:
So the best plan, really, is to hold firm at 4k for the car. I should be able to roll the 1700 into the auto loan for the new one with that type of loss...
ChadTower:
UPDATE:
Deal is struck, our new car is at the dealer after two weeks of shipping. We bought a 5 door, 2005 auto Elantra. Got a good price with rebate and factory incentive, rolled our Subaru balance into it for just under $15k total.
We have to finish the paperwork and make the Subaru for Hyundai swap now.
tommy:
Hyundai :-X