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#1
04-27-2006, 11:15 AM
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Buying a Maxima
Hi I have a SUV that I owe about $22K on. i want to get a maxima that is an 02 and about $10K. How woudl that work with financing if i'm trading in a car that is more expensive than the one that I want? What would I end up paying for.
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@--<---<--- In my race agaist time I...Keep runnin through the red light... 
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#2
07-29-2006, 03:39 AM
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Re: Buying a Maxima
I think it all depends on how much they're willing to give you for the SUV. If you're upside down on the loan, in other words, if the dealership offers you less than you owe, then they would probably just pay off the loan for you, and tack on the difference to the price of the Maxima.
So if they would only offer you $19K for it, then you would have the extra $3K tacked on to the $10K, owing $13K. But then if they offered you the entire $22K for it, then you'd just have the $10K loan for the Maxima. Hope I didn't confuse you more. Edit: Sorry, just realized this post is a bit old. You're probably beyond your problem now. ;-)
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Current Vehicles: 2008 Nissan Altima ~ 115k miles 2010 Nissan Maxima ~ 74k miles 2007 Toyota Sienna LE ~ 145K miles Goners 1997 Ford Escort ~145k miles (SOLD) 2013 Kawasaki Ninja 300 ~13k (SOLD) 1983 Honda Magna V45 ~13k (SOLD) 2004 Mazdaspeed Miata ~90k (SOLD) 2001 Ford Mustang GT ~86K (SOLD) 2007 Suzuki Boulevard M50 ~12k (SOLD) 2001 Nissan Maxima - (TOTALLED) 2001 Oldsmobile Intrigue (SOLD) 1991 Nissan Maxima (TOTALLED) 1989 Pontiac Grand Am (SOLD) Last edited by paqman; 07-29-2006 at 06:51 AM.
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