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Trading down

  • 07-07-2016 11:46am
    #1
    Registered Users, Registered Users 2 Posts: 35


    I bought a new car last year but circumstances have changed and need a larger car. I'm going to have to go down a few years to afford a larger car. I'm wondering is this unusual or would a dealer be accomodating? I have the car on PCP, and when I went into a dealer to enquire about a new larger car I was informed that I have about €2000 equity on my existing one as I placed a large deposit on it, but still couldn't see the sense in paying the extra amount each month for a bigger brand new car when a car a few years old would suit me fine. I'm looking to get a loan to finance the next car.


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