Will a car dealer take my car in as a trade in if its not paid for and tore up?

Question

We have a 2006 Optima Kia......it has a tore up power steering and i think the rack and pinon is out too. It still lacks 3 yrs being paid for and the Kia place refuses to pay to fix it even though its under warranty, they are blaming us saying we put transmission fluid in the power steering when we didnt. However i would love to just let it go back, but my sister is the co-owner of the car for i had no credit to get the car. My question is would a dealership trade me with the car in this condition ?? And my sisters credit is already ruined so she wouldnt be signing again. And ive only paid on it 2 yrs. Would i even have enough credit to finance on another car?

Answer 1

Best Answer - Chosen by Voters

yes you could trade it but most likely you would not get what you owe so it is better to just fix what you have and then work at paying it off and trying to get your sisters credit back on line to what it was before she made the mistake of signing for you
as for your power steering problem the oil is just the same power steering or automatic so i don't know what you mean there just try to talk with the dealer but you might have to pay just get it fixed kias don't have much resale value but from experience they are a reasonable car providing you look after it like servicing etc

Source(s):

me

Answer 2

You should be cautious when going to sell your car to a dealer. If you are not sure of what your car is worth then you can get really ripped off.

Dont be suprised if a dealership makes a terrible offer. It's simple to get a estimate at a website to see how much your ride is going to fetch. I have recommended http://tradein.123thebest.info - Good luck.

Answer 3

Best advice, is to fix the car, you start wrangling that type of deal you will be worse off, it always happens.

Source(s):

ExFla. Dealer

Answer 4

Yes, you can trade it in. The only problem is that the dealer is going to give you below value on the car- like all dealers do. This is understandable since they have to make a profit and be competitive. Anyway, Whatever you owe on that car will be added to your new car. What sucks about it is that you will be paying a lot more for the car. Either way, the money has to be paid back. Kias have horrible resale value so that car is already worth a lot less than you owe. If you've been paying on time for the last two years, you'll definitely have enough credit. A few lates? Go to the dealer and find out.