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i recently purchased a 2009 volvo c70 as a certified pre-owned vehicle. i live on the east coast and due to snowy weather i have already had perilous days in this car. i hate it! i loved the convertible hardtop but i am afraid that i'll crash befoer getting out of winter. i am thinking about getting the mercedes that i have always wanted anyway. does it make sense to trade in a volvo (my third) just months after buying it or shall i keep it and live through the pain of having it.

Answer
Is it safe to assume that you didn't buy all-wheel-drive version of this car? If you did, then a set of studded tires should be all you need  to safely go anywhere you want to go. If you didn't, then a set of studded tires might still be the  answer in the short term. Generally speaking it never makes any sense to trade in a vehicle you bought three months prior.

So what should you do? For starters I never ever recommend that you trade in a vehicle against another vehicle under any circumstances. It's the fastest way to lose 2-6k I know of. I don't know how much you owe on the vehicle still if any? These vehicles have extremely high ratings and I would imagine it should be fairly easy car for you to sell on craigslist... If you can't live with it and that's what I would do if I were you. If you can give me some more information like the miles and a brief rundown of the equipment on the vehicle I can book it out and tell you what it's worth both as a trade in and if you were to sell it yourself. Also please let me know if there is a payoff and if so how much ...did you purchase any extended warranties or aftermarket insurance products when you bought this car? ... like a maintenance package? ..I will be looking for your response and then we can put together a plan that gets you out of this thing as close to even as possible and gets you into something you feel safer in ...fair enough?

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Roger Alvey

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I can answer any question about the car buying process. I am a recognized industry expert on all issues regarding auto finance, including sub prime and buy here pay here financing, I can answer questions about car lock out systems, GPS monitoring by your bank, and about auto recovery methods and defenses. I am a 20 yr car industry expert and can tell you what to look for in a used car, how to negotiate the deal, help with how to market your own car, and how to negotiate with the internet department of any car store. I can tell you every single way the dealer is set up to beat you and how to avoid those traps, I can discuss all aftermarket and extended service contract products you will be offered in the finance process, I have lectured extensively on "The Best Way to Buy a Car" to civic groups and university students. I am a credit expert and can tell you what the dealer and banks are looking for and the rate you can expect to pay. CHECK OUT MY WEBSITE AT http://thecarguyz.wordpress.com/

Experience

20 years industry experience in top management of dealerships and dealer groups. Recognized industry expert since 2004 in the Top 10 industry experts for The Gerson Lehrman Groups Auto Industry Council. I also do consulting work for Experts360, Atheneum Partners, Expert Connect and Coleman Research. I have been a franchise owner and understand all facets of the auto industry from the time the car leaves the factory until it leaves the lot with it's new owner. I have written training materials for both the prime and the subprime sales and finance process.

Organizations
NADA, OADA, NFIB, State Certified Used Car Appraiser

Publications
Special Finance Insider, Dealer, and Automotive News, Gerson Lehrman Group Auto Industry Council News (frequently, various industry websites and blogs including my own blog at http://thecarguyz.wordpress.com/

Education/Credentials
Willamette University - Salem Oregon BA Economics Willamette University Graduate School of Business - Econometrics Statistics

Awards and Honors
GM's Award of (their most prestigious award) Given to Dealers who surpass their annual benchmark planning volume while also maintaining Top Box (top 5%) CSI

Past/Present Clients
Citadel Investment Group , Summit Partners US ,Broad Peak Investment Management, Nautic Partners, LLC, Hellman & Friedman Investors, L.P. and over 40 additional money managers, hedge funds and research groups

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