answersLogoWhite

0


Best Answer
Copy

In this scenario "the trade in value" itself will pay off your outstanding debt of $5000, regardless of the "dealer incentive". The column should look like this:

Price, 20,000.00 New car Less 2,000.00 Discount Less 5,000.00 Dlr. Inctv. Less 5,000.00 Trade Value add 5,000.00 Money Owed add Aplicable Tax

Hope it is not too late :)

User Avatar

Wiki User

โˆ™ 2015-07-15 19:09:21
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Add your answer:

Earn +5 pts
Q: If trade-in value on a car is 5000 the dealer incentive is 5000 and you still owe 5000 to the bank will dealer incentive pay off that remaining 5000?
Write your answer...
Submit

Related Questions

Can you trade in your car if you still owe on the auto loan?

yes you can trade it in. But if you owe more than what the dealer is going to give you for the car the remaining balance will be added to your new loan


How to get key from stuck in ignition of 2007 Chevrolet Malibu?

It is still under warranty. Take it back to the dealer for repair.It is still under warranty. Take it back to the dealer for repair.


Is there any Remaining Castmembers From the Honeymooners still alive?

No


Are motor cars still available at the local dealer?

"This would depend on where your local dealer is. If your local dealer is still in business, then I would say it is a safe assumption that there are motor cars still available there. If they have gone out of business, then it would be safe to assume that no motor cars are available there."


What happens if your car loan is approved but you still owe the dealer money?

You will have to prove to the dealer that you are waiting to get the money. Show the dealer your loan approval documents.


How many corpses are there still remaining on mount everest?

about 120


Why are you still paying on your health policy for a domestic partner who died?

They are still charging you because they are waiting for you to bring it to their attention. This is the same reason why life insurance companies do not try to find out if an insured has died. There is no incentive to take the initiative. The incentive is to continue to charge and not to pay unless it becomes unavoidable.


Do the remaining beatles do concerts?

Paul McCartney still tours widely around the world. Ringo Starr still plays from time to tie, but he does not tour regularly. These are the only remaining living Beatles.


Where can I get a replacement key for a dodge sprinter Called 4 dealers and they don't have them any more?

I work at a Dodge dealer, we can still order keys for the 2002-2009 Sprinters. If it is a 2010 or later you will need to go to a Mercedes or Freightliner dealer.I work at a Dodge dealer, we can still order keys for the 2002-2009 Sprinters. If it is a 2010 or later you will need to go to a Mercedes or Freightliner dealer.


Which of the 7 world wonder is still remaining?

The pyramid of Giza in Egypt.


Are their any prisoners of war remaining in Vietnam today?

There are still MIA's.


If you don't take a car home from the dealer do you still have to buy it?

If you signed a contract it is yours. You cannot back out unless the dealer agrees.


What to do if a car sold to a dealer 4 years ago shows up impounded in your name still?

Start by calling the dealer and the DMV.


Why doesn't swearing make someone do for me after disagreeing politely and they still say no?

Because it doesn't offer them any incentive to change their mind.


How long can an open bottle of champagne be kept in the frig?

The effervescence will tend to dissipate, but the remaining still wine will still be good.


In Alabama is it legal for a car dealer to take a car back?

If you mean to re-possess it. . . yes. If the dealer still holds the title to the car then they are still the lawful owner. ---------- Legal ? How ? As in repo ? Yes, if its not paid as agreed.


If you trade your car in to a dealer and still owed money on it but the dealer never paid it off whos accountable?

Once you sign the release of liability at the dealership when you trade the car , the dealer is responsible for the pay off.


How is a Reverse mortgage affected by nursing home?

the the remaining spouse can still live in the home


What is a good relationship motto?

a good relationship is when these 3 words are still remaining...I Love You..


Are the pyramids of Egypt still standing?

Some are still standing. Including the large ones at Giza. They are the remaining wonders of the ancient world.


Dealer did not sign contract?

The car dealership did not sign my contract, is it still binding?


Can you still get cervical cancer if you have had a partial hysteroctemy?

If you still have a cervix, you can still get cervical cancer. Women who had a partial hysterectomy but a cervix remaining should continue pap smears.


In Scrabble what is minimum number of remaining tiles where an exchange is allowed?

A player may exchange up to seven tiles as long as there are at least seven tiles still remaining in the bag.


Is motorcycle insurance required in NJ?

Nope but if you are financing from a dealer you must have. because if you crash leaving the dealer with a brand new bike your still stuck paying for it


Can you get your money back from a used car dealer after the deal is made?

If you have a complaint with a used vehical first talk to the dealer. I still unsatified go to citizens advice and speak to the rectum. The dealer is only responsible if he suplied the car.