Overhaulin'

Any good deals you can share on a New Car?

I have been having car troubles and will need to trade in soon. Problem is I owe more than the appraisal value....roughly $6000.00 more. I will need to roll this negative equity into a new car......what is the best way to go about doing this? Am I better looking for a vehicle with a great rebate or using a Chrysler discount?

Public Comments

1. If you don't like negative equity, stay away from Chrysler. I see so many people that are upside down with Chrysler because of such poor resale. I would just try to pay down as much of your negative equity as you can and buy a car with better resale and quality. I know some people don't like this, but its true....most Japanese cars have better resale and reliability. If you get something like a Honda Civic, you probably won't have to deal with as many problems and you'll get much more money when it comes to resale.
2. what I use is edmunds.com and they will give you prices for any car you want amd also will give you the trade value for yours. You can compare cras and prices and after you know what your trade is worth than do figures to see what the cost difference will be. If companies offer big rebates it might be better going that way, but look up the info first and do a little math to find out real way to go.