Trading in 2016 LX

  1. Shigure.x

    Shigure.x New Member

    Joined:
    Feb 9, 2020
    Posts:
    1
    Thanked:
    1
    Location:
    CT
    Car(s):
    2016 Honda Civic LX
    Hey, I've had my 2016 Civic LX for about a year now. I wanted to personalize my car, and as I did more research I realized what I was missing out regarding the turbo.

    I want to trade in my car for a turbo HB but I'm $2k underwater on my loan due to the fact I had no credit when I purchased the car and got a terrible rate. I expected to be underwater, I planned to drive this car till the wheels fell off and didn't expect that I really wanted something else.

    Now, the smart thing to do is refinance, balance out the loan at minimum with principle payments, and pick up a 17/18 HB which would take about a year to do if I worked for it.

    I'm wondering though, could I get a dealer to pay off my loan without carrying over the $2k? I'm currently financed by Honda financial, made all my payments on time, and the car is honestly in great condition with only 19k miles on it.

    like, I really want a hatch so damn bad it hurts, but I'm willing to work for it.
     
  2. shabadoo25

    shabadoo25 Member

    Joined:
    Feb 11, 2020
    Posts:
    12
    Thanked:
    5
    Location:
    Orlando, FL
    First Name:
    Chas
    Car(s):
    2017 Mazda6
    You likely aren't getting out of the -$2k. You're best hope would be to find a model $3k discounted and live with it $1k discounted.

    If you choose to do so, pick a Honda event to make your move. I got extra for my trade and more off my purchase price because of President's Day incentives.
     
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