what would it take to trade in my used car for one of the new honda accords?

skim milk

Diamond Member
Apr 8, 2003
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i love the way the new honda accords... the ones with back similar to a mercedes,,, 2 door coupe?

anyways,, i want to trade in my old car (2002 mitsubishi galant).. is it possible? what would it take?

 

boyRacer

Lifer
Oct 1, 2001
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of course it possible... they'll rape you in trade in cost. :D

are you even done paying for the galant?
 

skim milk

Diamond Member
Apr 8, 2003
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Originally posted by: boyRacer
of course it possible... they'll rape you in trade in cost. :D

are you even done paying for the galant?

no.. still over $10,000 on it at least.
this car was my mom's but she moved out of the country so i'm stuck with this... i would like to trade it in but i dunno if it's worth what i'm going to be paying for the accord.

it's a 2002 and has a little over 30,000 miles on it.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
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it would take a big loss.

especially with high miles
 

EngenZerO

Diamond Member
Dec 24, 2001
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You could try selling your kidney on the black market. You only really need one, :)
 

zCypher

Diamond Member
Aug 18, 2002
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Ummm if you like the accord DO IT! That model does look sweet and it does have a 240hp V6, which says a lot considering it's a Honda. :p I'm sure it's pretty fun to drive

you will pay more on the accord than on your current car. dont think that you will jsut get the accord for nothing! but is it worth it? I'd say so
 

RossMAN

Grand Nagus
Feb 24, 2000
79,082
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It would be a loss but I think in the long run it would be worth it because
1) Honda Accord is more reliable
2) Honda Accord has better resale value, one of the best in it's class

Car dealers don't give you enough for your trade in's ... so you'd have to sell it privately, sell it on eBaymotors.com or your local newspaper.

If you owe $10,000 on your car loan, someone offers $9,000 for it, you have to pay the $1,000 difference out of your own pocket. Then your car loan is PAIDOFF.

Then go to a Honda dealer and buy a new Accord. Recently they started putting on the "old" 2003 Accords on CLEARANCE, if you buy in the next few months you should be able to score a BRAND NEW 2003 Honda Accord LX for around $16,900 or better.