Jan 17, 2008 by edu_j | Posted in Personal Finance
I am planning to buy a 2nd clap car on finance for 5 years. But,what if i wont be able to pay the monthly installments, can i just pop back into the exchange and return it? is that with no further obligations?
No, the trade is out the picture once you own the car.
You will have to meet the obligations, and if you don't then you may face a reposession. This will have bad repurcussions on you for some time regards and financing or borrowing. Once you own the car, it is beteen you and the lender.
Some tolerant of car dealers do their own financing, but this still holds true. If you return the car, they may sue you for breach of contract.
How Does A New Hire Go About Getting Car Financing?
Jul 25, 2009 by humdinger | Posted in Buying & Selling
I exactly graduated from university with a BS degree and will begin work in mid-August. I need to buy a car before then and lack financing. The conundrum is that I am planning to drive myself to the new city I will be in, which means I will be signing my lease after I buy the car.
Am I technically employed for the intentionally of a loan application? Is there any special way for new hires to go about loan applications?
No by the skin of one's teeth apply like normal & ask if they have a first time car buyer discount.
What's The Best Way To Exchange My Current New Car Financing For Another Brand Car That I Choose?
May 06, 2007 by Padgets L | Posted in Buying & Selling
Do I trade my car first? Then get financing approval and go to the new dealer and get the new car? Or Do I just go to the new dealer with my existing car (new 1 year old) and let them do all the paperwork the Street and get everything done with them.
I am looking to keep the most money in my pocket and shop smart.
Exchange your car and pay the note off. Otherwise you will be upside down when you sign the papers.
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No, the trade is out the picture once you own the car. 
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