Can I roll over what I owe on a new loan?

I don't think so but you'll need to talk to the selling Dealer of the new vehicle you're interested in. Typically when you still owe money on your trade in the amount you owe is added to the cost of the new vehicle. But since you're not trading anything in I'm not sure how exactly that would work. For future reference, talk to your insurance company about gap insurance. Gap insurance pays the difference between what you owe and what the vehicle is worth in the event the vehicle is a total loss but is worth less than what you owe on it. Jim

What? How did you finance a vehicle and not have full coverage insurance? I wrecked one of my vehicles and the insurance deemed it a total, so they paid it off and sent me what was left after the payoff.

When you buy a new vehicle the depreciation is a lot the minute you leave the dealer with it. Typically you're about even on the amount you owe verses the value of the vehicle at the halfway point of a five year loan. God knows when you reach that point on a six or eight year loan. When the vehicle is totalled the insurance company only pays the value of the vehicle at the time of destruction. So, if you owe more than the vehicle is worth you have to pay the finance company the difference to clear the title. Gap insurance can be bought to pay the difference, or financial gap, between the value of the vehicle and what you owe on it if it's totalled. This is why I always negotiate for the absolute lowest price of the vehicle when I buy. Besides not wanting to get ripped off. When I bought my '93 Caprice, new, I paid $16,100 for it. Sticker price was $20,150. So depreciation started from $20,150. If the car was totalled early on it would have been paid for and I would have, like you, gotten a check because I owed less than the vehicle was worth from day one. Jim