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Can you trade in a financed car with bad transmission?

Can you trade in a financed car with bad transmission?

Can you trade in a car with a bad transmission? In many cases, you can. Dealerships are often equipped to fix the problem, but it’s going to cost you on your trade valuation. Because your car doesn’t drive — or at least, doesn’t drive well — the dealer can’t be sure of the rest of your car’s condition.

How much is a car with a bad transmission worth?

Most used car dealers would have to deduct the costs of repairing your bad transmission before paying you. This is because selling a car with a bad transmission to another buyer might land them in legal trouble. Most car dealers won’t pay above $500 – $1,500 depending on your car’s year/mileage/model/make.

What happens when you buy a used car and the transmission fails?

Many dealerships may have other stipulations included such as if the issue is only with a defect and not a part of the car that needs repairs. Additionally, the contract may still bind the customer to monthly payments while the vehicle is being repaired or so that another car may be exchanged with the damaged one.

What to do if your transmission is not working?

If the problem is severe such as the entire transmission not working, it is possible to complete this act. However, reparations are generally available so the customer is given another option from the company. This means returning the damaged car to replace it with another car of equal or lesser value.

How to get a free transmission warranty quote?

Vehicle Service Center will be happy to help you select the extended warranty that meets your needs and budget. Call 1-800-280-6708 for a free quote.

What happens when car warranty company refuses to pay?

If you have ever dealt with an aftermarket car warranty company when they refuse to pay for your vehicle’s repairs, then you know how frustrating it can be. It’s bad enough that you are paying for this coverage, and when your claims are being refused it makes it feel like you are wasting your money.

Many dealerships may have other stipulations included such as if the issue is only with a defect and not a part of the car that needs repairs. Additionally, the contract may still bind the customer to monthly payments while the vehicle is being repaired or so that another car may be exchanged with the damaged one.

What should I do if I have a blown transmission?

Diesel Engine Maintenance Checklist Here are a few tasks to add to your checklist that should become second nature: Get regular oil changes. Check your coolant levels often. Keep the engine clean. Replace fuel and air filters regularly.

What should I do if my mechanic blew up my engine?

Considering the cost of most crate motors, the car is usually written off. His insurance will cover it. They will pay to fit a 2nd hand wrecker engine, or you/he can pay the difference to get a new/recon engine.

Vehicle Service Center will be happy to help you select the extended warranty that meets your needs and budget. Call 1-800-280-6708 for a free quote.

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Ruth Doyle