Is it true that if l trade in my 07 Eclipse (which is not paid off) for a 2003 Infiniti G35 lwill loose money?

l just do not like how much my insurance went up after purchasing it.

You will probably lose money since the dealers are not in business for philanthropic reasons (they're in it to make money). How much depends upon how much you've paid for the Eclipse, how many payments you've made and the cost of the G-35. Your insurance premiums are likely to be just as high with the G-35 as for the Eclipse, so I'd give the whole idea another thought. Good luck!

No, it is not a good idea to trade it in, live with the insurance costs, it is your own fault for not researching it more, let it be a lesson.

As soon as a vehicle is signed in your name, the value drops a couple of grand. Best thing to do right now is call insurance companies and see if one cant offer you a lower rate.

Do not trade in. A brand new car has at least a 3 year warranty. A 2003 has no warranty. Besides, discounts abound. The better ur credit score, the less the premiums.

There is good driver discount. And security discount for having LoJack recovery system or something similar. If u r in a qualified field of work or approved organization, u get one. Ex-service member? Bingo. Your car is housed in a garage instead of out in the open. Guess what? What is that? You took a traffic safety course? Discount.

Got parents? Ask them to put u on their insurance. Then pay ur parents instead of the insurance company. They also get a multiple vehicles discount. It goes on & on.
Keep the faith!