Has anyone done this or know if a dealership will do this.

I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is almost
twice that. I'm looking to get a new car that is cheaper (5-6K) I want to
Trade in my 2 cars to a dealership for atleast what I owe if not abit more
towards the car I find I want from them, then get a small loan for the rest.
Does anyone know if a dealership would do this type of trade?

My cars:
99'Jeep Wrangler Sport
99' BMW 528i

Looking at possibly:
99-00 GTP

--
Thank you,

~~~
Branden Nelsen

Branden Nelsen wrote:

> I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is
> almost twice that. I'm looking to get a new car that is cheaper
> (5-6K) I want to Trade in my 2 cars to a dealership for atleast what
> I owe if not abit more towards the car I find I want from them, then
> get a small loan for the rest. Does anyone know if a dealership would
> do this type of trade?
> My cars:
> 99'Jeep Wrangler Sport
> 99' BMW 528i

You will always be further ahead financially if you just sell the
two vehicles privately. Sure, the dealership will give you a trade
on two vehicles...but they will rape you in the process. That's what
they do, buy low, sell high.

Ian

Yeah..

I guess all im wanting over all is maybe $8-9k each, abit over what i owe to
go towards the new car. Ive tried to sell them privately but i have the
worst luck in that apparently

-Branden

"shiden_kai" <V-L-M@hotmail.com> wrote in message
news:nrLBg.328540$Mn5.304689@pd7tw3no...
> Branden Nelsen wrote:
>
>> I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is
>> almost twice that. I'm looking to get a new car that is cheaper
>> (5-6K) I want to Trade in my 2 cars to a dealership for atleast what
>> I owe if not abit more towards the car I find I want from them, then
>> get a small loan for the rest. Does anyone know if a dealership would
>> do this type of trade?
>> My cars:
>> 99'Jeep Wrangler Sport
>> 99' BMW 528i
>
> You will always be further ahead financially if you just sell the
> two vehicles privately. Sure, the dealership will give you a trade
> on two vehicles...but they will rape you in the process. That's what
> they do, buy low, sell high.
>
> Ian
>

"Branden Nelsen" <brandenn@netins.net> wrote in message
news:eb7vq0$n5q$1@news.netins.net...
> Has anyone done this or know if a dealership will do this.
>
> I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is almost
> twice that. I'm looking to get a new car that is cheaper (5-6K) I want to
> Trade in my 2 cars to a dealership for atleast what I owe if not abit more
> towards the car I find I want from them, then get a small loan for the
> rest. Does anyone know if a dealership would do this type of trade?

Sure, they'd accept your kids in trade too. Maybe not your mother-in-law;
even car dealers have some standards.

Most any dealer will do anything to make a sale.