Question about buying a mustang in the near future?

Answers:1   |   LastUpdateAt:2012-08-05 06:56:48  

Question
loooooooser
Asked at 2012-08-04 10:18:02
Right now i own a 2004 tiburon and im thinking about buying a 2001-2005 mustang in the future. I have a loan on the tiburon and still need to pay around $6,500 for it, if I were to trade that car in for the mustang in the next year or so would that loan just roll over to the mustang? Or do I have to pay the tiburon off first before i can trade or sell for the mustang?
Answer1LiliaAnswered at 2012-08-05 06:56:48
you just roll that loan to the Mustang ? Or do I have to pay the shark was first
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1 . Without sterling credit , probably will not happen.

2 . Yes, very likely.


His problem is that a 04 Tiburon is not worth $ 6500. It might be worth half that in the real world in terms of value in trade. That money comes out of pocket.
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