Rep Power: 0

i bought my (brand new '03 EX coupe) car 10 months ago. It has 9K miles on it. I put $3,000 down and pay $295 a month w/ 1.9% APR. I just called American Honda, and they told me that my payoff is $14,000. I am wanting to sell my car, but I do not want to lose TOO much money. I guess I'd be alright with losing about $1000 (of my down payment). Does that mean I could/should sell my car for like $15,000. Would anyone buy it for that much considering it is a used car (in excellent condition) w/ cleared headlights, OEM foglights, and 9000 miles?? The Kelly Blue book states my car at $15,100. Do you think it's worth selling now, in a few months, or in a year or so? I REALLY want something bigger and more powerful.

 
Rep Power: 0

well if you owe $14000 i dont see how you can sell it for that much. That money would just go to paying it off. I heard of people saying they would let someone else just take over the payments. I guess you could as for $1000 and for the other party to take over the payments.

 
Rep Power: 0

$14125 is the trade in on an "Excellent" rated car, so you are not really upside down, you could trade it straight across for whatever you wanted and use their incentives as down.

EDIT: of course this depends on your zip code.