QuestionI own a 2007 Chevy Trailblazer. I owe $18,400 and most dealerships are only offering $10,500 -$12,000. I am approved to purchase a new car but the notes (after rolling over the excess from the blazer) will be around $650.00. I cannot afford it. I am trying to pay less than the $575 I am paying now because I am having a hard time paying that even. I was married when I got into that note with two incomes. Can you advise on my best next move to get out of the vehicle and into another one with notes that are $400 or less?
AnswerHi Andrea,
Even if you could afford the roll over you would be in an even worse situation down the road and wreck your credit rating, trade in at this point will only benefit the dealership.
Let's start with you making contact with the lender put your cards on the table and tell them like you told me,,, and ask for a re- finance of $400. a month,,, I don't know whom the lender is, but if all possible I would go out of my way for eye to eye contact,,, a phone call can be a quick brush off.
Let me know your thoughts about my statement.
Ray http://www.usedcartips.org/
