Just bought a manual 1.0 Kia Picanto last November 2013 thru a BDO loan for 5yrs. My wife prefers the Toyota Wigo now cause of its bigger space, and as compared to the picanto,the G manual variant already has mags,airbags,abs, immobilzer, spoiler,3rd brake lamp. We're paying 10.6k/mo. on the picanto which will almost be the same for a Wigo G.
What are my options? would it be possible for a "trade-in"? a toyota csr advised me to talk to BDO about it
You can sell it and just let the buyer assume balance. Check out the market (sulit or tsikot) for how much you can sell it if the buyer would assume balance. Usually they charge how much they've already paid. (I may be wrong though...i don't really know how this is computed).