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Generally only as long as it takes for you to get the completed title transfer into your name........... But you do realize that depreciation will be what will knock your socks off with this decision....

If you have the papers of the car and its all legal you can trade it in but the value of it is much less than the price when you bought it.

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โˆ™ 2008-08-28 10:34:26
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Q: How long do you have to wait to trade in a new car?
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Related questions

How long to you have to wait to trade in a new vehicle?

You can literally buy a 2008 or 2009 car, drive it off the lot, and drive into another dealer to trade it in. You will lose a lot of the car's value however. .

If you financed a car can you later on trade it in for a new car?

Yes, no worries as long as that car has no defects and it is in good condition.

How long do you need to wait before washing a new car?

you need to wait around 4 weeks or when you go to the car wash with a brand new car most cases are that some of your paint gets removed

Can you trade a boat for a new car?

Of course, as long as the person trading with you agrees....

How long can one legally wait to buy insurance for a new car?

Legally, there is no way to wait to buy insurance for a new car. All new cars must have valid insurance policies before they are able to leave the lot.

Do you have to buy a new car to trade in a used car?

No, you can trade a used car for another used car

When you trade your car in for a new car does the entire trade value have to go towards the new car?

Depends on what arrangement you are able to make with the dealer.

Where can you trade in your new car for a used car?

Sure, but you will not get near what the new car is worth.

Can you trade in your new car for a used car?


Trade used car for new car?

Yes it's possible. It's what we called "trade-in".

In the state of Indiana can I cancel a new car purchase contract?

If you purchase a new car only to realize that it is not the car you needed, there are a few things you may be able to do as long as you don't wait to long. One of those things is to read the state lemon law.

How do you trade in your car when you are still paying the loan for the car?

The balance you owe on the car that is getting traded in will be added to your new car loan. Example You owe 10,000 for the car you want to trade in They give you 6,000 for trade in your new car costs 20,000 you will either have to pay that 4,000 or they will add it onto your new car loan from your car you traded in.

Where do I find a place that I can trade in my old car and buy a new one?

Go to Toyota. They will trade in your junk car and trade it in for a new one of your choice. There are hundreds of new and awesome cars to choose from.

How long do you have to wait before parking your car on new asphalt?

On a dry day, a couple of hours, on a humid day you might want to wait until 24-36hrs. later.

Can you trade in a car you still owe on for a new car?

Yes you can, but it depends on the dealership you trade it to...some of them will be willing to pay it off when they receive it as a trade.

How long must one wait to get a loan on a new car after declaring bankruptcy?

To get a loan on a new car after declaring bankruptcy, you have to wait until you can rebuild your credit. You can rebuild your credit in as little as 2-3 years if you work at it and start out by building up your credit with small things.

Do trade in your car and get a new one?

You can trade it in but try to sell it on your own first.

How long after puchasing a new car do you have to wait before trading it in?

AnswerThere is no waiting period. No more then two years to keep depreciation lower

Can your son trade in your car to get him a new car?

Yes, but you would have to sign the papers for the title of your car to be transferred to the new owner.

Can you trade in 2 cars when you are buying a new one?

Yes, you can trade in two cars when you are buying a new car. If you have them, you can trade in 20 cars. When you are trading cars, you are literally selling one car to the dealer and purchasing one car from the dealer.

Can you trade a motorhome for a new car?

Sure you can. You are probably not going to get near what it is worth but almost any car dealer will trade.

What is the journal entry for car trade in?

[Debit] New Car[Debit] Accumulated depreciation[Credit] Cash / bank[Credit] Trade-in Old car

Can one person on the loan trade it in without the other signing off?

As long as you weren't a registered owner. If they trade the car in, then the trade should be paid off by the dealer where they bought the new car. This is actually good for you, since I'm assuming you didn't cosign the newest car loan. You're off the hook.

Should you buy a 2012 new car or wait for the 2013?

Depends entirely on what you want. I will say that if the particular vehicle you are interested in is going to be an entirely new model in 2013 then wait. An example is the Ford Fusion which will receive a major revamp in 2013. However if the car you are interested in is basically the same model in 2013 as it was in 2012, you can get a good deal on a 2012 when the 2013 models come out especially if it is a domestic make. You should also consider if you are going to keep the car a long time or trade every year or so. When you buy that new 2012 after the 2013s come out, it is already 1 year old and worth far less in trade in a year or so. May I suggest you look into a Certified Used car from a new car dealer. They are low mileage, excellent vehicles that sometimes even have a better warranty than a new car. You can save a bundle on a Certified Used car.

Is it legal for a new car dealership to switch the license plates from the trade in to the new car before its registered?