can i trade in my car if i am currently financing it

Asked by GuruBH7DF Jan 03, 2019 at 08:09 PM about the 2015 Hyundai Sonata Sport FWD

Question type: Car Selling & Trading In

3 Answers
103,415

KenF answered 5 years ago

Dealerships often take in trades that are still being paid on. Just makes the new cars loan that much more expensive. You'll come out ahead but selling the car privately and paying off the loan then using what you have left as a down payment.

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GuruRYJVS answered 4 years ago

So let’s say I have a 2012 Toyota Camry that I bought for 25k could I trade it in for the sc listed at 23 k?

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