|
Looking to trade in financed vehicle for used M3
I know I made a thread once before but this is a different question. The reason I am going to ask this is because I am not entirely sure if I am right or not since I have never been in this situation. Right now I am financing my '11 Infiniti G37x sedan. I am currently ahead in my payments and the worth of the vehicle is more than the loan amount. I already know if the vehicles worth was less than the loan, I would have to pay off that difference in either the new loan for a new vehicle or pay it off in cash on the spot. My question is really is the dealer selling the vehicle going to be holding all the leverage in this case making it harder to negotiate the price even if I pay down atleast 30% at signing? I'm looking at used 08/09 E92 coupes, not new. Like I said before, I'm asking because I have never done this tradeoff before since all my other vehicles I have bought straight out that same day. Any help would surely be appreciated.
|
