Bought a new Sedan, now I want the 3 door liftback. - Toyota Yaris Forums

YarisSedan · 01-14-2010, 09:20 PM

You would probably be out of loss about 2-4 grand. New car depreciates soon as you drive it off the lot. Dealer can no longer sell it as a new car but as a used car. Honestly its a really dumb move to do this unless you really can not stand the sedan. I think also you loose all the taxes that you spend the registration etc. Lots of stuff you can not recoupe when you trade it in. So really you might be out 3-5 grand down the toilet. Look up KBB trade in value for you car. Thats what you are expected to get for it. If its financed you will end up upside down on the loan big time. You will owe way more than the car you are going to is even worth.

They will pay off your old one than transfer the remaining balance of your loan and then pile the leftoever you still owe on top of your new loan and your car payments will go up and you have a car thats kbb value new is still worth less than the car you were in.

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01-14-2010, 09:20 PM	#11
YarisSedan Drives: 08 Yaris Sedan Join Date: Oct 2008 Location: California - Bay Area Posts: 2,773	You would probably be out of loss about 2-4 grand. New car depreciates soon as you drive it off the lot. Dealer can no longer sell it as a new car but as a used car. Honestly its a really dumb move to do this unless you really can not stand the sedan. I think also you loose all the taxes that you spend the registration etc. Lots of stuff you can not recoupe when you trade it in. So really you might be out 3-5 grand down the toilet. Look up KBB trade in value for you car. Thats what you are expected to get for it. If its financed you will end up upside down on the loan big time. You will owe way more than the car you are going to is even worth. They will pay off your old one than transfer the remaining balance of your loan and then pile the leftoever you still owe on top of your new loan and your car payments will go up and you have a car thats kbb value new is still worth less than the car you were in.