I recently got a letter in the mail from a local car dealership requesting that I trade-in my 2001 VW Passat, saying that they are getting lots of requests, and stating the blue book value for my car. I wouldn't mind buying a new car, but promised myself I would drive my car until it is unrepairable, or graduate from college, whichever comes first. I still have 2 more years to go, but if this offer is legitimate, I don't want to let the opportunity go. Any advice?
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Does the car still run well? Have you had issues with it? Also, will buying a new car mean paying a comparable amount longer, or a much higher monthly payment in addition to more years of a car payment?
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