2002 Ford Windstar... wanting to sell/trade within, but.?

we're needing to down-size alot of things in our duration because we dont have the money for most of our payments. right now we enjoy a 6 year loan out at $283/month on a 2002 Ford Windstar that we bought last year at 59,000miles on it, leather, power everything, vhs player... we bought it for $12,000. we've put 10,000 mi on it so its at 70,000miles now and talk to dealer and they will only pilfer $6000 for it as a trade in. Is this fair? Is the with the sole purpose way we can get what we own left on our loan ($10,500) is to sell it ourselves? I know nil about cars.

Is this possible?

A dealer will always contribute you a bad deal on a trade surrounded by. The reason is they have to receive money when they sell it. Why should they give you 10,500 and market it for 8000? The best thing to do is sell it to a private gala or try selling it through Carmax. You can get someone to take over your loan or clear enough to pay stale your loan.
The problem is that when you finance a car, you won't know how to come close to breaking even if you sell the car in the past it's payed off. And no, $6000 is not the highest you can receive. You'll get more if you sell it yourself. You really can't win contained by this situation. That's why I always pay change for my cars, no matter how cheap they have to be.

How protected is it to introduction cars...


It's palpable you know nothing about cars or you would not own bought a Windstar. They, as you have found out, don't hold any resale value. The solitary way out is to privately sell it and next get something else. (I am not being rude, a moment ago honest)

I owe 15,000 on my motor, the...

Well it is not unprejudiced but it is reality. You paid too much for it when you bought it! Now it is a year elder with 10,000 more miles so it is worth even less. Now include the fact your trading it instead of selling it means even smaller quantity for it. Your best bet to get the most is to sell it on your own. You will still not carry the $10,500 you owe but you will get closer than the $6K for trade. Now the catch 22 is your going to hold to pay the difference of what you sell it for and what is owed when you go it. I assume since cash is tight this is not going to be possible. Good luck in your situation.

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The problem is that when you finance a car, you won't know how to come close to breaking even if you sell the car in the past it's payed off. And no, $6000 is not the highest you can receive. You'll get more if you sell it yourself. You really can't win contained by this situation. That's why I always pay change for my cars, no matter how cheap they have to be.

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Answers:    It's obvious you know nil about cars or you wouldn't have bought a Windstar, they are the worst vans on the planet..why you took out a 6 year loan on a van next to 59,000 miles is beyond me..you got ripped. You're stuck with this van..nobody requirements it. Keep it until it dies, that's you're only option.
It's palpable you know nothing about cars or you would not own bought a Windstar. They, as you have found out, don't hold any resale value. The solitary way out is to privately sell it and next get something else. (I am not being rude, a moment ago honest)

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