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  1. Join Date
    Nov 2012
    Posts
    18
    #1
    Hi Bros,

    I bought Ford Fiesta SP+ 2012 last November 2012, and I feel like trading it to Ford Focus Hatchback 2.0L Sport+ 6PS.

    It's still under bank finance, and got an agent looking for a possible buyer that continue the financing so that I can shift to Focus.

    Is it a good move?

    Thank you

  2. Join Date
    Feb 2008
    Posts
    325
    #2
    Quote Originally Posted by bunny_biceps View Post
    Is it a good move?
    Thank you
    no. lot of risk involved. i suggest you check with your bank (financing institution) if they would even allow someone else to assume your mortgage. most of them wouldn't.

  3. Join Date
    Feb 2008
    Posts
    5,179
    #3
    Mahirap yan... Just pay off the balance if you want to sell it.

  4. Join Date
    Nov 2005
    Posts
    2,372
    #4
    Quote Originally Posted by bunny_biceps View Post
    Hi Bros,

    I bought Ford Fiesta SP+ 2012 last November 2012, and I feel like trading it to Ford Focus Hatchback 2.0L Sport+ 6PS.

    It's still under bank finance, and got an agent looking for a possible buyer that continue the financing so that I can shift to Focus.

    Is it a good move?

    Thank you
    Perfectly doable nowadays. but you might loose a huge sum of money because the next buyer will 1. Assume the payment monthly, and he/she might not want to pay off whatever amount you pay as dp and your paid amortization.



    Sent from my GT-I9300 using Tapatalk 4

  5. Join Date
    Nov 2012
    Posts
    18
    #5
    Hi Brainmafia,

    You're correct, this was the exact deal that was offered to me.

    Thanks all for you response.

  6. Join Date
    Feb 2013
    Posts
    487
    #6
    Babaratin ka sa trade-in.

  7. Join Date
    Oct 2002
    Posts
    6,385
    #7
    Can be done but as mentioned mapapamahal ka. Best to sell the car first and then but the new car.


    Posted with TocinoTalk

Tags for this Thread

Advice Please: Trade-In Ford Fiesta SP+ 2012 to Ford Focus Hatchback 2.0L Sport+ 6PS