|08-05-2012 11:07 AM|
|imccrea||Well the thing is if you wait 2 months it will lose at least $1,000 in value since the 13's are on lots.|
|08-05-2012 08:01 AM|
|08-05-2012 01:43 AM|
Depending on your credit they can roll it over into the new loan.
If your credit is good, it shouldn't cost any more. If your credit is so-so, it will raise the interest rate...
|08-04-2012 05:02 PM|
|wntrwhte||Being upside down in and of itself is fine with me-- I can pay it down but I only want to pay it down enough to be able to trade it in-- so I need to know how much to throw at the loan to get out of this car.|
|08-04-2012 04:46 PM|
Usually to not be upsidedown on the loan takes two years at least.
If you find the right dealer and pay full list on the new car (and a ST may be like that anyway IE they will not discount it) you could get 'extra' for your trade if they want it.)
When i sold my 1996 Mercury Mystique to buy a 1999 SVT Contour at full list, I got an 'exceptional' good trade in on the Mystique.One point is right now dealers are still unloading brand new 2012s and so your car as a used car has less than normal value due to new 2012 discounts, right now.
If you wait three months, your 2012 value will be higher than right now.
|08-04-2012 04:45 PM|
You will have negative equity to deal with, the issue you will run into is dealers having the same vehicle as you but being certified pre-owned where you don't have that ability.
I have several 2012 pre-owned SEL or Titanium Focus that are also Ford certified.
They range as low as $18,970 for a sedan to $19,970 for a Hatch that is a 302A with moonroof with 26k miles.
Ideally you'd hope to get $16,000-$17,000 out of it but it just depends on options and the market.
|08-04-2012 03:21 PM|
Real trade in values for 2012 SEL?
Through a variety of circumstances I've come to realize that my 2012 SEL is not for me.
I am debating swapping it for a 2013 Titanium or ST. But I'd like to know what a dealer would REALLY give me for the following car:
2012 Focus SEL 402A
Mileage 14,575 at the moment
sticker price was right around $25k.
NADA shows me that clean trade in is right around 17500 and black book clean is 16500.
Am I screwed in terms of trading this in? I realize the mileage is a problem. I owe about 19000 so I'd have to come up with the difference ASAP to unload this car and get one without the dual clutch.