Honda Car Forum

dс-яυιεѕ · #1 (**permalink**) 22 Feb 2009, 10:31 pm

I currently have a 2002 Honda accord. I got in in 2006, i didnt get it directly from the dealership but from one of those places where they sell used cars in lots.Anyhow, I would like to trade my 02 Honda for the new 09 Honda accord. What should I do, or what do i need to do? what could my options be?I dont have money to put down...but i can make my payments.Yea is not paid in full i still owe about $8,000.Hm i guess i will wait

Paul L · #2 (**permalink**) 22 Feb 2009, 10:46 pm

If the '02 is paid off that should work as the down payment but I would not get the '09. New cars lose an average of 15% a year for the first four years so if you lose your job or find you can't make the payments you can't even sell it. You would be much better off with a car a few years old.

Nasty Ayee · #3 (**permalink**) 22 Feb 2009, 11:01 pm

W.e they tell you, dont trade in your 02 for a little reduction on and 09. you should treat these two transactions seperately because they dont have any correlation. your best bet is to either sell your 02 and use that lump sum as a down payment, or bargain as low as you can, then tell them you want to trade your vehivcle in after you have a set price in writing.

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