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Old 04 Nov 2007, 03:36 pm
The_Wolf The_Wolf is offline
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Default Should I trade in my 2002 Cavalier w/ 76,000 miles to use towards a purchase of a used Honda...

...Civic? HELP!? I really want a Civic or any type of cool import car, however I don't know if it would be a good idea to trade in my Cavalier toward a purchase of a Civic that may be older than the Cavy and higher in mileage. I still owe 4,000 dollars on my Cavy, so I am confused as to what I should do.People tell me that it would be worth it, even if the Civic is older because it is just such a more reliable car overall. If i do trade it in i want the civic to be somewhere around $8,000 or lower. Please give me your advice!!!
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Old 04 Nov 2007, 03:39 pm
bob bob is offline
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Take the Cavalier to Carmax for an apprisal. Check out http://www.carmax.com for Civics that interest you. According to http://www.kbb.com, Carmax is likely to offer you $3,600 which makes you upside down by $400. That $400 can be rolled into the financing for the Honda Civic, which can be 2002 or 2003 or even newer as long as the payments on the Civic won't be higher than those on the Cavalier. Based on those numbers, the trade-in looks pretty good.
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Old 04 Nov 2007, 03:42 pm
ftic_99 ftic_99 is offline
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Yes you should change it. First you'll be saving a lot in fuel. Second you'll be spending less in repairs and maintenance due to a higher reliability. Make sure the one you get has not been in a crash; this can change all said above. Even a slightly higher milleage civic should perform better than your cavy. Also interior space is bigger. Drawback is hondas are a "hotter" to car thieves so better keep it with a lo-jack or something.
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