Trade in

Compare your loan balance to what the car is worth. Any car dealer can handle the loan pay off.

Go to a Dealership for the type of vehicle you want to purchase. Let them know you wabt to trade your current one in. If they ask do you owe anything on it say Yes but DO NOT tell them how much, and they will ask. They will take the car for an Inspection and while you are looking they will come back with the value of your vehicle. If you owe money they will most likely roll up the difference into your new loan. Of course not knowing your finances this is standard operating procedure. I recommend not taking the first over but do this at a couple of dealerships to get the best price for the Trade-In and new purchase. Remember the best time to buy is at the end of the quarter/month as most Dealerships need to reach a quota. Make sure you detail the car thoroughly ( Engine Compartment, Hood, Trunk Frame etc) and if you have to take it to a Pro do so it will help with the trade value.