How much is my car worth in a title loan?
Caveat: Do not get a car title loan if at all possible! Car title loan companies typically loan 25% to 50% of the WHOLESALE value of your car. Of course, wholesale values vary depending on the car and your geographic location. Go to Kelly Blue Book at http://www.kbb.com/ to get the wholesale value. http://www.AutomobilePawn.com indicates to qualify, you will need a clear car title (you cannot owe money on your car), the car title must be in your name, you will need full coverage insurance, an extra set of keys, they may place a starter interrupt device with a GPS system on your car, in some states you will need to provide a current smog certificate, and they will want your 1st child (just kidding).
Can i trade in my car for another car worth 14k if i owe 13k?
You can trade in a car that you still owe on, but it is not recommended. The dealer will give you only the wholesale value of your old car. In other words, you may owe 13k on your Honda, but they will only give you maybe $5000. Then they would take the $8000 difference and apply that to the new car loan. So your new car loan would be $22,000 and that is before taxes, tags, fees and interest.
Trading in car (financed) for cheaper car?
If you trade, the dealer will pay off your old loan and apply the difference to the price of the new car. The difference might be positive, meaning you have money left over that will be applied as a down payment on the new car loan. Or if negative, you are upside down and will probably have to add cash to get the new car. Don't do anything until you've checked your credit score to see if you even have a chance at a new loan, even at a high interest rate. Then go a bank and get pre-approved for a loan. If you don't like the interest rate, either try at other banks or credit unions -- or walk away and keep the old car.
A 2009 Pontiac G8 V6, is it worth $14000?
Looks like a nice car, but they are doing you NO FAVOR, they are charging you exact Kelly Blue Book price. $15k is the fair average KBB price for that car and since you are giving them your car (which they will sell back for profit) they are buying it from $1k making your balance $14k but in fact they are still charging $15k because your "trade-in" is part of your payment don't look at it as a discount. Is it worth it? Probably, it is a fair price, they are getting exactly what that car is worth. Make sure you check the Car Fax, check previous owner history and get the list of work/maintenance done on the car. (If it is Salvage Title or been on 2+ accidents RUN don't do it) If it truly is in good condition then they are selling it fair price. Just make sure it has no other major engine problems or "ticks". Also make sure they don't rape you in interest and "extra fees" remember tax/doc/plate fees will add 2K more on top of 14k. Make sure they don't also add "dealer package fees" and other hidden stuff, look at the entire break down. In the end you'll still end up paying $16k or so because of taxes and plates/registration. Good luck and enjoy your "new" car! :)
How to convert km/h to m/s? What is the distance traveled by a car in 1 second at 72 km/h?
Everytime that you need to convert a value given in kmph (kilometer per hour) to m/s (meters per second), there is a very easy way to do this.To convert a value in kmph to m/s, multiply it by 5/18.To convert a value given in m/s to kmph, multiply it by 18/5.So, if the car is going at 72kmph, then its speed in m/s will be 72 x 5/18 = 20 m/s.Thus, the car travels 20 meters in one second.Similarly, if the car is travelling at 90kmph, then converting it to m/s : 90 x 5/18 = 25m/s.Hope my answer helps.Cheers!Ps: Thank you Shruti Kumari for A2A
Do you think carmax will give me a loan?
I know dealerships want to make money so do you think carmax will give me a car loan for a 14k car? I have little to no credit as I only had a secured credit card for almost 3 months. I had no credit prior to that. I can give a downpayment of 2.2k. I make about $1100 a month. I pay for car insurance,hulu, phone, and internet bill which comes down to about $300 a month but other than that I have nothing else to pay. I am 20 as of now. I have been working for less than 7 months now.
Best time to buy a used car??????????????????????
Buy one on the coldest January day you encounter. Inventory taxes usually come then and they must clear the lots. Plus, Christmas has everybody broke. It's income tax time. It's slow for sales in Jan. and you got 8 grand to plop down on a car. They love cash! Whatever you do, do not tell them up-front you have any money like that. They will pad and not discount the deal. Know what you are buying and what it costs and you will know when they shoot you a price if it is low enough. Remember, these are good selling cars right now. Even these used 04-05 models sold then for the same price what they sell for now as used. Check www.kbb.com/ for prices on the cars (trade-in price)and equipment on the car. Do your homework. It will save you money. Don't go in the dealership without alot of paper with prices on it.