# resale value vs. loan balance **URL:** \ **Category:** NYSpeed Automotive\ **Created:** [December 13, 2007, 4:39am UTC](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205 "2007-12-13T04:39:01Z")\ **Posts on this page:** 1\ **Showing post:** 35
**Author:** ![VANDIT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/vandit/32/4977_2.png) [@VANDIT](https://forums.speedlife.net/u/VANDIT)\ **Post date:** [December 15, 2007, 9:06am UTC](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205/35 "2007-12-15T09:06:06Z")
> [@greenbull](#): > > 06 Cobalt SS S/C > 60 month 4.75% > bought for 25700 > Traded in my brothers wrecked 1983 Olds for 300 bucks. > Sold my brother my cavalier for the difference of the monthly payments if i traded it in. He pays me the difference monthyl for the next 5 years. > I owe around 18k on the loan > KBB private party of 19205-excellent 18100-good > > if memory serves me right those values are actually up some from 6 months ago. when you trade your car in the dealership will only give you 16… not saying your car is not worth 19, but you see a dealership can only give a costomer what the auction will pay for it… the last thing i will say about this is take kbb and throw it out the window… --- _[View the full topic](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205)._