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want to trade in my scion xb for the tc. please help
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Griffin     Reply with quote
l have a 2006 scion xb... l wanna trade it in for a tc. how would l do this and will l be upside down on my car?

i wanna be able to trade it in without my payments being way higher.

what is my car worth now?
its in good cond never been in a wreck.
Norm     Reply with quote
If you did not put very much money down on the sb you probably are going to be upside down. Go to KBB.com and do some research. The chance is of your payment NOT going up are slim if you do not kick in a little cash. Remember you need to pay tax and license on the new car which will be at least 2grand.
Newman     Reply with quote
Whoa! The first year is the most dangerous when it comes to depreciation. If u put a lot of money down, then u r safe. However, if u financed even the tax, title, & license, then u could be in trouble.

Do ur math considering the market value of ur xB, plus any principal of ur loan above that, then TTL (tax title & license) for ur new tC & u amortize it for a payment. Please do not go over 60 months, which means u may have to put around $5,000 - $6,000 down for the tC if u financed the TTL for the xB (plus its value)
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