Tips on Buying Cars: Trading In Two Cars, chevy avalanche, current cars


Question
We currently Have a 2006 Chevy Avalanche and a 2006Chevy Silverado.  Since buying the trucks our economic situation has changed , both are being  financed.  We are thinking of trading both trucks in for one4 new or used four wheel drive pickup.   Is this a good stradegy  

Answer
It depends on your equity situation.  If you owe a lot more than they are worth (which is likley the case) then you may be looking at putting money down to get the 4x4 financed.  But that all depends on your credit, value of your current cars, ect...I would visit a couple of dealerships and have them give you their best deals.   Good Luck.