Hassled By The Dealer

If you get your car serviced at the dealer, why would they try to sell you a new car? Because there's a high demand for used vehicles. Some of those dealers will even give you a credit towards your new vehicle if you repaired your car with them in the past year. Some of the dealers will tell you that they can get you in a new car for the same payments that you currently paying. This doesn't sound like a bad idea if you're not willing to pay for the estimate that the service department has given you. The downside is if you still have a loan on the car then needs to repair the dealer is only going to move the balance that you already owe onto the new vehicle that you are trying to buy. This only keeps you in debt longer. If you still willing to trade up pay attention to the loan terms. Finance companies will get you into a 72 month loan which will make your monthly payment very affordable. But by the time your finished paying on a six year loan the car is not worth the amount of money that you've paid. Things to think about. It may be cheaper to keep her.