Hyundai Forum: Hyundai Performance Forum banner

1 - 4 of 4 Posts

·
Registered
Joined
·
16 Posts
Discussion Starter #1
I gots a 2001.5 Elantra GT with under 6 thou miles...how much can I get a 2003 Tibby for with a trade in?

Got this car in Sept.


<hr noshade width=60% size=1 align=left>
 

·
Registered
Joined
·
684 Posts
You are going to get royally screwed over to be honest. If you are looking to trade in after such a short period of time.

I hope you don't have a loan right now or lease or anything like that. Otherwise I recommend bending over now cause your really going to be taking it. <img src=/images/forums/snitz/wink.gif width=15 height=15 border=0>

If you bought the car straight out. I still think you will be in a bit of trouble. Basically I think you will have paid approx $4,000 and drove it 6,000 miles.

Personally I would not sell the Elantra and wait about a year or two.


<hr width=60% noshade size=1 align=left>1999 Hyundai Sonata GL V6
H7 Blue Eurolite
GLS Chrome Grill
Custom Intake/Header/Exhaust
55 shot Nitrous Express

--no longer with me--
1997 Hyundai Tiburon
Was a brave soul when combating the evil forces.
 

·
Registered
Joined
·
21,319 Posts
Assuming you bought the car less then a year ago and that you probably put the average couple grand up as a down payment. You are upside down in the car right now. This bassically means you owe more than the car is worth.


<hr width=60% noshade size=1 align=left><b>I absolutely positively abhor and verbally bitchslap anyone who starts quoting me their entire car mods as some sort of "Stage".~RED~</b><img src=/images/forums/snitz/wink.gif width=15 height=15 border=0>

<b>WHAT THE F(*)&^#@(*^ IS UP WITH EVERYONE QUOTING OTHERS IN THEIR SIGNATURE??~Nikki~</b>
 

·
Registered
Joined
·
88 Posts
<img src=/images/forums/snitz/finger.gif width=33 height=15 border=0><img src=/images/forums/snitz/finger.gif width=33 height=15 border=0><img src=/images/forums/snitz/finger.gif width=33 height=15 border=0>
That's exactly what every dealer is gonna give you.

The only time you can really think about trading a car is 2-3 years after you bought it. That 's the only time you might be BREAKING EVEN on paid/value. Anytime before then you're going to owe a lot more then it's worth and if they do take the trade, they'll wrap it up into the new payments.
Meaning you're still paying for that car you traded in on top of your new car. A sure fire way to jack up your payments.

There's no tradein values on your car right now cuz' it's too new but if you go off the old elantra (which most dealers will do).
Current trade in 10,925
Retail 12,900

Figuring with TTL you owe probably 13500-14000 you're going to be at least 2k upside down which adds $2k more to the price of the vehicle you're buying. For every 1000 =20-25pymt. So it's going to add a minimum of $40 dollars to your payment but i doubt if anyone's going to give you that much on trade it.


<hr width=60% noshade size=1 align=left>If it weren't for sin the world would be a very boring place.
 
1 - 4 of 4 Posts
Top