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Trading in a car - Question on auto loan check

This is my first time trading in a car and doing my own financing so forgive the dumb questions
  1. My existing car note will be about $6k underwater. How does that get paid off? Do I give the dealer the catitle and then pay the dealer the $6k and then they pay off the existing loan? or Do I need to do that all myself through the lender on the old car?
  2. I arranged my own financing. The check was supposed to arrive today but USPS has been terrible so worried it might not arrive until Sunday. In this instance, can I still pick up the car tomorrow and then FedEx the check? They would obviously have my existing car + downpayment etc
submitted by shockedcape to askcarsales [link] [comments]

I'm 16 and this is my first car, I have always loved civics. I go to a trade school for auto body work, it is a 2001 Honda Civic LX. I debadged it because I'm a ricer lol. Any ideas for first mods on a budget?

I'm 16 and this is my first car, I have always loved civics. I go to a trade school for auto body work, it is a 2001 Honda Civic LX. I debadged it because I'm a ricer lol. Any ideas for first mods on a budget? submitted by BiggyRection69 to hondacivic [link] [comments]

I know next to nothing about cars and their parts that make them work.... Thinking about going to trade school (TCAT) for automotive technology (or auto body repair). Anyone else do the same thing? How was it? More details/questions in the description

I’ve been interested in cars for the longest time. I just never knew the mechanics of one. And recently I got my dream car Jeep Cherokee XJ (1996), I’m not sure if it’s the drive to want to keep this car in good condition or if it’s a hyper fixations for now (which is why I’m really taking time to see how I feel about it), but it’s got me thinking that I want to go to trade school for automotive technology (that’s the program). I think cars are cool and I also think taking things apart and putting them together and solving problems is fun... as long as I can understand said things. I know nothing about cars, quite literally. But I think it would be fun to work with them and learn how they work and eventually work on my own car and maybe others down the road. Makes me a bit nervous because there’s so many components and tools and stuff I’m afraid I’ll never remember it all.
Has anyone went to a trade school for automotive technology? How was your experience? What was the hardest thing about it? What was the easiest? How hard is it to find work? I feel like everyone is always looking for a mechanic. Is it fun for you all still? I think it’d be fun because you can add mods to your own car and the cars now are always evolving so you’d probably never be bored!
submitted by swim_down to MechanicAdvice [link] [comments]

China International Tire Expo, Auto Wheel Exhibition, Automobile Wheel Trade Show, Car Tire Trade Fair, Vehicle Tire Trade Show

submitted by grtirexpo to u/grtirexpo [link] [comments]

How is COVID affecting auto sales? Are there any drops in car pricing right now? Needing to trade in my car but not sure if it is a better or worse time to right now. Any insight would be great :)

submitted by anonnogal to vancouver [link] [comments]

Car 1 Auto Sales isn't paying off my trade-in since 12/31/2019; do I have any legal options to force it?

I've been to the dealership plenty of times. Was getting brushed off on the phone so now I'm there 2 or 3 times a week waiting for them to stop telling me no one can sign the payoff check. It's at the point where I've been told twice to my face they'll take it later that day or the next and it's not done. It wasn't until this week I finally got my registration.
submitted by sold_snek to Albuquerque [link] [comments]

I traded my red 2010 auto for a blue 2016 manual last month. I learned manual in this car and I have absolutely zero regrets about the switch. Photo by @1_lions_sti on Instagram.

I traded my red 2010 auto for a blue 2016 manual last month. I learned manual in this car and I have absolutely zero regrets about the switch. Photo by @1_lions_sti on Instagram. submitted by Jojo370z to 370z [link] [comments]

Currently in trade school to be an auto tech and this is by far the best car we had come in so far

Currently in trade school to be an auto tech and this is by far the best car we had come in so far submitted by Thafuckwrongwitme to Justrolledintotheshop [link] [comments]

Should I trade auto for Manuel everyday car?

17 year old here. A few months ago I bought my first cab which is an auto 1996 318ti Beamer with 57k km, nz new, and one owner. There’s absolutely nothing wrong with the car and it’s literally the perfect car for me and any sort of learner. I live in Auckland, New Zealand and I want to start driving manual cars because they look a lot of fun and I kind of want to in a way start ‘driving the car myself.’ Auckland is quite a large city with a lot of traffic, lights, and turns so would it be a good idea for me to trade my car for a nice manual, like a e30 or 328i 1999, or would it be best for me to just keep the current car I have?
submitted by Swoftz to whatcarshouldIbuy [link] [comments]

Musk Invites Trump to Prod China Over Auto Trade Practices - China charges a 25 percent import duty on cars, ten times the 2.5 percent levy the U.S. puts on China-built vehicles

submitted by comprehensiveleague to worldnews [link] [comments]

Trading in car, how does auto loan approval work?

I'm trading a car in that has an auto loan on it. I'll have some positive equity from the trade in and will be looking to purchase a new car to replace it. How does the auto loan approval work in this case? I'm wondering if purchasing at the same time as trade in the lenders will see this existing loan as not being paid off and thus hurt my approval chances. Should I trade in, wait till the payoff updates on my credit and then buy a new, replacement car?
submitted by lionkeyed to personalfinance [link] [comments]

Basic Car Repair Garage VR - For car shows, trade shows and car people. A basic auto repair garage where you can run vehicle lifts up and down, look at animated transparent engines, install transmissions, and interact with mechanic tools and automotive parts.

Basic Car Repair Garage VR - For car shows, trade shows and car people. A basic auto repair garage where you can run vehicle lifts up and down, look at animated transparent engines, install transmissions, and interact with mechanic tools and automotive parts. submitted by dejobaan to WhatsOnSteam [link] [comments]

[Business] - Cars and auto parts comprise 60% of Japan trade hit by U.S.-China row

[Business] - Cars and auto parts comprise 60% of Japan trade hit by U.S.-China row submitted by AutoNewsAdmin to TJTauto [link] [comments]

[Business] - Cars and auto parts comprise 60% of Japan trade hit by U.S.-China row | The Japan Times

[Business] - Cars and auto parts comprise 60% of Japan trade hit by U.S.-China row | The Japan Times submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

@WSJ: International auto transporter Grimaldi says trade headwinds will slow car trade https://t.co/kInTVPHuiA

submitted by -en- to newsbotbot [link] [comments]

[Auto] Payments too high on current car - looking at trading in. Question about the extended warranty, GAP, and other options I purchased.

I purchased a 2017 Honda Civic in September of last year. When I purchased the vehicle, I was in the car about an hour and a half a day for work - but my circumstances have changed and I now work at home and am in the car MAYBE once a week. I can afford it, but I'm paying more than I'd like to on my car ($426/mo plus an additional $182.92/mo in car insurance or a total of $608.92) I'd like to take about $200-$250 off that total monthly payment.
I purchased the Civic because my other car had an oil leak that I wasn't aware of and I was driving when an engine knock appeared out of nowhere and I knew I was screwed.
I went to the dealership and traded in the Mazda towards the Civic. Civic originally had a sticker of $21,390.00. I had $1,905.50 in negative equity from the Mazda. I also got suckered into an extended warranty ($2,695.00), an extra key ($199.00), road hazard protection ($695.00), GAP insurance ($849.00).
With taxes, tags, dealer processing etc, I ended up financing $28,989.54. As of today my payoff amount is $24,409.31.
I went to a dealership yesterday that appraised the vehicle at ~$17,000 but I think I can get that bumped up to at least $18 - maybe $19. No matter what happens, I'm going to be rolling negative equity into another car loan.
I was advised by the dealership that I went to yesterday that it is possible to cancel my extended warranty, road hazard protection, and GAP insurance and get a prorated return on those ($4,239/72 months = $58.88 per month. 60 months left on my contract = $3,532.80 return potentially?)
So, all that being said - my questions:
  1. Has anyone else heard of being able to cancel those things for a return?
  2. Would the finance office cut me a check for that amount, or would it just be chopped off the payoff amount of my contract?
  3. Should I wait to cancel the GAP until I'm ready to purchase another vehicle? They mentioned that it may take 6-8 weeks to get the payment cleared through the dealership as they tend to drag their feet.
Either way, if I can use that to lower the amount of negative equity going into my next vehicle I think I'll be much better off.
submitted by THUNDERRGIRTH to personalfinance [link] [comments]

TN- LLC auto dealership got the car I traded in repossessed

in February I got into a not at fault car accident, leaving my car undrivable. it had $2,072 left to pay off on it and I went to a dealership that said they would roll in that amount with the loan of a new car back in April. skip to October and that still hasn't been done. the payoff had increased and the car was repossessed from their lot from the lack of payment. in the last two weeks I've been in contact with the owner who assured me he sent the finance company a check (he didn't) and then wrote me a personal check for the amount due that bounced today.
I had initially called the police citing grand theft but they told me it was civil. the law offices I've called have sent me to other law offices that don't deal with these matters. I've told the auto dealer I'm no longer dealing with him and that I'm seeking legal action. I need help figuring out what type of lawyer to contact regarding this situation. my most recent contact led me to a legal aid attorney but they deal with mostly domestic cases and no one can seem to lead me in the right direction.
submitted by _laufeysons to legaladvice [link] [comments]

ILDAR AUTO-CHOICE: about their cars, trade secrets and attitude towards Peugeot-Citroen and Opel

ILDAR AUTO-CHOICE: about their cars, trade secrets and attitude towards Peugeot-Citroen and Opel submitted by WORLDMATCH to u/WORLDMATCH [link] [comments]

Traded in my 2012 auto V6 on Saturday and Joined the manual V8 Club, absolutely in love with this car.

Traded in my 2012 auto V6 on Saturday and Joined the manual V8 Club, absolutely in love with this car. submitted by EricTurner3 to Mustang [link] [comments]

China International Tire Expo, Auto Wheel Exhibition, Automobile Wheel Trade Show, Car Tire Trade Fair, Vehicle Tire Trade Show

submitted by grtirexpo to u/grtirexpo [link] [comments]

How to Trade In Your Car for the Best Deal | Great America Select Autos in Amarillo

How to Trade In Your Car for the Best Deal | Great America Select Autos in Amarillo submitted by greatamericasa to u/greatamericasa [link] [comments]

China International Tire Expo, Auto Wheel Exhibition, Automobile Wheel Trade Show, Car Tire Trade Fair, Vehicle Tire Trade Show

submitted by grtirexpo to u/grtirexpo [link] [comments]

At Mebane Auto Trading, located in Mebane, NC, we have a passion for vehicles. We also have a passion for helping customers. Put those two things together and you get the most satisfying, hassle-free car buying experience you've ever had. See all New and used cars for sale from Auto Deals Car Trading L.L.C. Complete specifications: HD photos & videos. Buy a car with: Finance Warranty Insurance Trading in your vehicle can be much more convenient than selling it yourself privately and the more informed you are about your car and how trading in a car works, the more confident you can be as you go through the process. Below, we will explore the trading-in process and provide the best ways to maximize your trade-in. Finding a Used Car on Autotrader is the best way to start your next used car purchase! Autotrader offers the most extensive car inventory near you, and the tools to help get you informed like the Kelley Blue Book?? Price Advisor, vehicle car reports, and Accelerate My Deal - to get you in your next car faster. A used car purchase can be a great way to get a lot of bang for your buck on your River Star Auto Car Trading LLC 1-30 of 83 cars . Sort by: Show as: List Grid. Featured. We are open* Unsave Save . 2020 NEW! 0 km 16x. Toyota RAV 4 ADVENTURE . 2020 NEW! 0 km . A new Imported spec car with 4 cylinder engine, beige interior and automatic transmission. 19″ wheels

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