Dealer Question

Has anyone done this or know if a dealership will do this.

I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is almost
twice that. I'm looking to get a new car that is cheaper (5-6K) I want to
Trade in my 2 cars to a dealership for atleast what I owe if not abit more
towards the car I find I want from them, then get a small loan for the rest.
Does anyone know if a dealership would do this type of trade?

My cars:
99'Jeep Wrangler Sport
99' BMW 528i

Looking at possibly:
99-00 GTP

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Thank you,

~~~
Branden Nelsen

Branden Nelsen wrote:

> I owe $15,000 on 2 cars (total or $7500 each). Blue book on both is
> almost twice that. I'm looking to get a new car that is cheaper
> (5-6K) I want to Trade in my 2 cars to a dealership for atleast what
> I owe if not abit more towards the car I find I want from them, then
> get a small loan for the rest. Does anyone know if a dealership would
> do this type of trade?
> My cars:
> 99'Jeep Wrangler Sport
> 99' BMW 528i

You will always be further ahead financially if you just sell the
two vehicles privately. Sure, the dealership will give you a trade
on two vehicles...but they will rape you in the process. That's what
they do, buy low, sell high.

Ian