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![]() ![]() ![]() Drives: 2008 Sedan A/T Silver Join Date: Nov 2008
Location: New Jersey
Posts: 202
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Got a letter from a dealer that wants to buy back my car...
Is this a good idea? The letter states that there is a huge demand for low mileage used cars. I bought the car in June 2008. Sedan A/T with all power options. It now has 19,000 miles on it.
Here's my financial rundown: 1. Car came to about $18,900 after taxes, title, fees, etc. 2. Put $2000 down, so I financed $16,900 3. Today I owe $10,700. Would I get such a good deal on the car that I can go and get a 2009 model without a loss?
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