Calling Los Angeles-based car shoppers: Have you recently traded in (or plan to trade in) a car with negative equity (i.e. the amount you owe on your auto loan is greater than the car's value)? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 11/6 for details.
Engine Mayhem. Infiniti G35.
My ever so faithful car has been paid off for some time and only required the usual maintenance (which the dealer has always performed). Monday I went to start my car...it coughed and coughed about 15 times and started with a cloud of smoke. It was towed to the dealership. I received dreadful news--a new or used engine is needed ($15K or 10K, respectively). I nearly had a breakdown.
Later, I got a call from the "retention" manager. He wanted to discuss my options: lease or buy a new car. He's willing to give me $9K value on my car.
I haven't the slightest clue of what to do? I've never leased or purchased an used car. Please advise...the Colorado weather is unpredictable. Thanks!
Later, I got a call from the "retention" manager. He wanted to discuss my options: lease or buy a new car. He's willing to give me $9K value on my car.
I haven't the slightest clue of what to do? I've never leased or purchased an used car. Please advise...the Colorado weather is unpredictable. Thanks!
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(I edited your post btw - you can edit posts yourself for 4 hours after posting).