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ShitOnWheels · 05-24-2005, 07:52 AM

This may get kinda long, as there are a couple parts to this question.

So I get a card in the mail from Colonial Hyundai in Ewing/Trenton that this week they will give me the full base MSRP for when my car was new to use towards a new or used car. The only deductions they'll make is for mileage above "normal," and I am well over normal (max they would deduct, based on what it says on the card, is $1900 I think). New my car was around $14k. The other thing it says in the card is it can't have any body work or paint. I have a dent on the driverside rear bumper, and the rear quarter panel (I guess that's what it is) is bent outwards a bit under the taillight from when I backed into my father's truck. My car is currently worth around $5k (it's a 2002 Elantra btw), and I owe around $5k right now.

My father thinks I should go and at least see how much they will give me for it, since they obviously won't give me the full base MSRP. I won't buy a brand new car, but I suppose I could go for a used, if they have something decent on the lot.

Here's where it's tricky. I'd probably go at least see what they'd give/what they've got, but I start work in Philly next week. I really don't want to be driving a brand new car (or even a used, as they usually are not that old) in the city every day. It'll get damaged pretty quick. My father seems to think, if they give me a decent amount for my car, I can put a decent amount down and sell the car for what it's worth when I drive it off the lot, and still make some money on it, then go from there.

What would you do? I need some other opinions, heh.

05-24-2005, 07:52 AM	#1
ShitOnWheels Join Date: Aug 2004 Location: West Milford, NJ Posts: 2,127 iTrader: (0)	What would you do? This may get kinda long, as there are a couple parts to this question. So I get a card in the mail from Colonial Hyundai in Ewing/Trenton that this week they will give me the full base MSRP for when my car was new to use towards a new or used car. The only deductions they'll make is for mileage above "normal," and I am well over normal (max they would deduct, based on what it says on the card, is $1900 I think). New my car was around $14k. The other thing it says in the card is it can't have any body work or paint. I have a dent on the driverside rear bumper, and the rear quarter panel (I guess that's what it is) is bent outwards a bit under the taillight from when I backed into my father's truck. My car is currently worth around $5k (it's a 2002 Elantra btw), and I owe around $5k right now. My father thinks I should go and at least see how much they will give me for it, since they obviously won't give me the full base MSRP. I won't buy a brand new car, but I suppose I could go for a used, if they have something decent on the lot. Here's where it's tricky. I'd probably go at least see what they'd give/what they've got, but I start work in Philly next week. I really don't want to be driving a brand new car (or even a used, as they usually are not that old) in the city every day. It'll get damaged pretty quick. My father seems to think, if they give me a decent amount for my car, I can put a decent amount down and sell the car for what it's worth when I drive it off the lot, and still make some money on it, then go from there. What would you do? I need some other opinions, heh.