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Can You Trade in a Car Worth More Than the One You Are Buying? Trading a more expensive car in for one that is more affordable can be a great decision, as long as you own the car outright However, if you still owe substantial money on it, you could find yourself upside down in the loan, which means the excess will be rolled into your new loan
Can I trade in a financed car for a cheaper one? - FinanceBand. com Can I trade in a financed car to a different dealer? Yes, you can trade in a financed car for a different one, but there are a few important factors to consider: Loan Payoff Amount: When you trade in a financed car, the dealer will pay off your existing loan
How to Trade In a Car That Is Not Paid Off - NerdWallet When you trade in a car that's paid off, its value is subtracted from the price of the new car When you trade in a car with a loan, however, the dealer takes over the loan and pays it off
How Can You Trade In A Financed Car? | Way. com You may want to trade in your car for a newer or cheaper model But a doubt most people have is whether they can trade in a financed car i e , one that has a pending loan amount to be paid The answer is yes – and we break down how to do that in this post