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SVTPerformance's Chain of Restaurants
Road Side Pub
Question on a trade?
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<blockquote data-quote="torrence" data-source="post: 8108518" data-attributes="member: 66839"><p>Ok folks, I have a question on a trade, but not to sure how it works.</p><p></p><p>Currently I have a 08 Ford Focus which I am upside down on my payments (I owe more than what the car is worth). </p><p></p><p>I owe like 17K on it and a dealership (or stealership) said that they could give me 10.5K for it. So I am looking to get rid of some of this debt. I see that this particular dealership has an 05 Focus for $5400 with 98K on the clock. How would that trade work? Since my trade is worth more than his, as in a 5K difference would the dealer owe me 5K as in cut me a check? </p><p></p><p>Excuse my ignorance, but that is why I am asking the question?</p></blockquote><p></p>
[QUOTE="torrence, post: 8108518, member: 66839"] Ok folks, I have a question on a trade, but not to sure how it works. Currently I have a 08 Ford Focus which I am upside down on my payments (I owe more than what the car is worth). I owe like 17K on it and a dealership (or stealership) said that they could give me 10.5K for it. So I am looking to get rid of some of this debt. I see that this particular dealership has an 05 Focus for $5400 with 98K on the clock. How would that trade work? Since my trade is worth more than his, as in a 5K difference would the dealer owe me 5K as in cut me a check? Excuse my ignorance, but that is why I am asking the question? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Question on a trade?
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