Trade in

20

Asked by Nikki Jan 04, 2020 at 05:00 PM about the 2017 Dodge Journey GT AWD

Question type: Car Selling & Trading In

If I owe 20,000 on my vehicle but want to trade
it in for something cheaper will the dealership
pay off the rest of the loan or am I gonna have
to pay the rest?

1 Answer

F_O_R answered 4 years ago

If you sell it for less than you owe you either have to pay off the balance in cash or borrow money for a car you no longer own.

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