Flynrider
Phoeix,#2
Fri, August 21, 2009
Before you buy any used car, you need to have it checked out by a reputable mechanic. Otherwise, you have no idea what you're buying. Unless the used car comes with a warranty, any problems it has belong to you once you drive off the lot.
As for being able to trade in for a new car, that's an old salesmans' tactic. They can tell you your car's hubcaps will magically turn into gold, but if it isn't on the contract, you shouldn't expect it to happen.
Regarding high interest rates. You are responsible for that. No one can force you to accept a high interest rate. If it's excessive, don't sign the contract.