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iHav to Drive
Cars & Transportation
Can a car up for repo be traded in?
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<blockquote data-quote="soli" data-source="post: 2001377" data-attributes="member: 709950"><p>I am in Las Vegas, Nevada (so all u car salemen know!) and I haven't paid for my car in a couple a months. I am sure it is up 4 repo. The company hasn't contacted me about it yet but I know. I want to trade it in a get another car. I just started working again! Yay! Finally!</p><p>How do trade ins work? </p><p>How can I save my credit from a repo besides paying it off myself, because I can't and I don't want 2 declare bankruptcy?</p><p>How bad will a repo affect my credit for future purchases of a car and house? I am looking to pay the repo balance after sale, but if it keeps my credit jacked what is the point? What can I do that saves my credit and gets me into a better car. The car that will be up 4 repo is a 2005 Pt Cruiser ~79,000 miles on it. Will a trade just add more money onto the other car 2 be purchased?</p></blockquote><p></p>
[QUOTE="soli, post: 2001377, member: 709950"] I am in Las Vegas, Nevada (so all u car salemen know!) and I haven't paid for my car in a couple a months. I am sure it is up 4 repo. The company hasn't contacted me about it yet but I know. I want to trade it in a get another car. I just started working again! Yay! Finally! How do trade ins work? How can I save my credit from a repo besides paying it off myself, because I can't and I don't want 2 declare bankruptcy? How bad will a repo affect my credit for future purchases of a car and house? I am looking to pay the repo balance after sale, but if it keeps my credit jacked what is the point? What can I do that saves my credit and gets me into a better car. The car that will be up 4 repo is a 2005 Pt Cruiser ~79,000 miles on it. Will a trade just add more money onto the other car 2 be purchased? [/QUOTE]
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