Can I get a newer used car?
Alright, so I'm financing a 2003 Honda Accord EX V6 sedan. I purchased it back in December, and still have roughly $8,500 left on the loan. I have been disappointed with the Honda's fuel economy, so I'm wanting to trade it in for a fuel efficient 4 cylinder vehicle. Such vehicles in considering are the Kia Forte, Nissan Altima, and Nissan Sentra. Most of the cars I'm looking at are priced between $11,000 and $17,000. I have a credit score of 640 and my current payment per month on my Honda is $315. Do you think I'd be able to get a newer more fuel efficient vehicle with those types of numbers? I know the biggest thing that will affect it is the amount I still owe to the lean holder.