Tuesday, October 21, 2014

Should I take my financed car back to the dealership I bought it from to get it appraised?

I've been financing an 05 honda civic for a little over a year. This was my first car ever and I was very naive and I'm now finding myself learning about many things that I wish I was better prepared for, but I guess this is part of learning. In any event, my credit sucks and as of recently it has gone from very poor to poor so I am hoping to get a new car soon. I went to a new dealership, they pulled my carfax and told me that my car was in an accident in 09 and pretty much 80% of the car was damaged. I am of course kicking myself in the *** for not asking for one. But alas I'm in this situation and am trying to get out of it. The new dealership suggests I sell the car on my own, because they can't give me much for it and it would make my payments ridiculous with the negative equity.

I'm considering taking the car back to the dealership that sold it to me and seeing what they would give me. Has anyone been in a similar predicament? I am kicking myself daily for the poor decision I made. Any suggestions would be appreciated.

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