<prompt> Human: Hi pf!I have an older car that is in need of repairs. Also I am under water and owe 10k, but it is worth about 5k.A local dealership had offered to buy out my car in a trade in and write off the underwater debt if I finance a used car with them.The offer on the table is a 2016 Nissan Juke for 18,000 zero down at 16 interest.I can afford the monthly payments just got araise to 15 hour!.Im about to pull the trigger on this. It would be great to get out from underwater ok my old pos car. What questions should I ask the dealer to make sure I get a good deal?Thanks dudes!EditThanks for all the responses guys. You have given me a lot to think about. I just got back from the dealership and decided to think it over for a day.I brought up a lot of the concerns you have mentioned and I think I might have a great option.There is a short term loan place that offers payday loans. I am going to take a loan to pay for repairs and keep the vehicle. However they charge insanely high interest rates. Do you think I should take the payday loan for repairs or hi with the original deal in the juke?Assistant: God no, 16 interest is absolute robbery.What term length are you even discussing? That is over 500 month payments for a 48 month loan. You would be paying over 24,000 in total for the 18,000 car, and thats not including the extra 5,000 or so youd have to roll into it, so its going to be over 30k this way easily. Youre going to be even worse underwater immediately. This is a bad idea in every respect.Human: 84 month loan to keep the payments manageable.  <response>: For gods sake man, that is still a payment of like 357 month and the longer loan term DOUBLES the interest youre going to pay over the course of the loan compared to 48 months. You just went from 6k in interest to 12k in interest. You will literally be paying for two cars and getting one. Its no wonder the dealer is willing to give you a deal of a few grand on your trade-in. They are going to reap profit from you for years.Run. Away. 