Ruth asks…
I have taken an Acura on a 5 yr payment plan. Honda financed me. What is the best way to sell the car.?
The total cost fr the car is around $14000.00 in which I have already paid around $2000.00. How do sell this car to any indivisual since 12000.00 will be a lot fr any indivisual to pay in cash. Do I ask Honda to transfer my plan to his name so that he can take over the rest of the payment. Do I take it to a dealer to sell. Do I ask an indivisual sales man frm any car dealer to help me out. What would be the best option.PLS HELP.
admin answers:
You will never get a loan assigned to anyone. Whoever buys it needs to get their own loan or come up with the cash. You're real problem is getting anyone to buy it at that price. You might be upside down meaning you owe more than the car is worth. Also, payments are not applied linearly. If you have paid $2000 towards a $14000 car, don't be surprised if you still owe over $13000 on it. If it's a lease, which is very unlikely, you can have someone assume that. The words Salesman and help in the same sentence is an oxymoron. I take it you can't afford the car. You either have to sell it, and pay the difference if any out of your own pocket, or trade it in on another car, and roll the balance into a new loan. Unless you know what you are doing, you will end up paying a fortune for the new car. I suggest you sell the car and pay off the difference out of your pocket. Even then, you have to find a buyer who is willing to buy the car from you with a lien attached. This isn't the end of the world. You must have decent credit if Honda financed the car for you, so call them or go online to get a payoff for the car, then see what they're selling for, and decide from there. Good luck. You are not alone in this situation.
Laura asks…
For my first car..2000 Acura Integra or 2000 Honda Prelude?
what should i choose considering insurance and which car will lost longer..Acura Integra .. or Honda Prelude..i am only 19 years old i have $4500 for a down payment and i am shooting for lest than 90k on one of these cars..or what other cars are good out there that will not break down and or are dependable? help..
admin answers:
My friend has an Acura Integra hes had it for over 5 years now and its flawless. He doesn't put that much money or work into it either. Hondas are pretty reliable too, but in my personal opinion Acura is the way to go.
Sharon asks…
2010 Honda Accord EXL v. 2010 Acura TSX?
January 25th my 2007 Honda Accord EXL lease ends. I went to dealer today. There is a Promotion until January 7th. Now 2010 Accord EXL is $310 a month after bargaining plus 1500 down payment, taxes, fees... After January 7th lease will be $30 more per month. If Honda has this promotion so will Acura. I went to see Acura TSX basic. Lease is $335 monthly, downpayment is $2500. 2500/36 is around $30. I already paid for the 2007 January lease as my last month, payment not returnable. Should i get the Acura now which is same price as the Honda now? Or do you think i should get the Honda after the promotion because i already paid my lease fee for the January of the 2007 model?
admin answers:
Honda Accord EXL v. 2010 ... I'm driving the same in whtie... :))
Daniel asks…
Toyota Camary or Toyota Avalon or Honda Accord or Honda Acura?
I will be purchasing either one of the above listed Japanese Sedan cars in the next 7 days or less. I will really appreciate if any one could compare all of the above in terms of mileage, gas milage in the city and on the highway, resale value, maintainability, usability, and reliability. My must have features include a built in GPS system with MP3 player and bluetooth for my iPhone
I am planning to go for a FULL payment in CASH. And, I am in kind of rush where I will be spending LOTS of cash in about 7 days or less. This will be the very first BIG cash spending of my life yet. So, please do help your brother here.
I will really appreciate if anyone may share with me their experience with the above listed cars.
I am excited but also I want to be excited in safer manners.
Thanks to all for helping me out here.
admin answers:
These are all good cars so you should base your choice on price, features, options, color, etc. If you are in a RUSH and you are EXCITED you have a good chance of making mistakes and not getting a good deal. Calm down and use your head or you'll make a purchase your aren't happy with, and you won't be able to return the car.
You should get online and do research on the cars, find out what other people are saying about them, and what other people are paying. Edmunds.com is a good site to start with. When you go to buy, don't tell a salesperson you are rushed and excited. You'll NOT get a good deal. You will also not get a better deal by paying CASH. Dealers actually make more money when customers finance.
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