0
Are you able to trade-in your vehicle even if you are still paying it off?
Wiki User
∙ 16y ago
Yes. The balance owed will be added to the loan amount of the car you are purchasing.
Be careful. This is a credit trap that will be hard to get out of, as you will have a huge loan that will be there when the car you bought is worn out.
The above is absolutely correct. Remember that you will still be making payments (indirectly) on a car you no longer own or drive. Best to have the trade in 'free and clear' before even considering upgrading to another.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Is my daughter still able to be on my policy if she lives at home but is the co-owner of a new leased vehicle?
Sure, I would think so, make sure and explain all the details to your agent or policy services to make sure you aren't paying 'double' for her.
Can you finance a vehicle to someone else if you are still paying the loan?
Yes, but in most cases the title will not be released by the original lien holder until the original loan contract is paid in full. In some states, the second party puyer may be able to register the vehicle in his name even. In some states, you may be required to obtain the permission of the original lender to sell the vehicle.
How do you bypass the AC compressor for your car to still run?
Dependin on the vehicle you may be able to get the serpentine belt for the same vehicle that does not have the option of having AC
The limit of alcohol to still be able to drive?
It's illegal to operate a vehicle if ones BAC is .08 or higher.
How far should you sit from an air bag?
As far a way as possible but at a distance where you are still safely able to operate the vehicle
Can I still purchase another vehicle if I voluntarily repo my current car?
It may be alittle tough to find a finance company to finance the vehicle but you should be able to with some cash down.
Where to call to find out if a car is clear of finance?
The DMV of the state it is registered in should be able to tell you if a lien is still in effect on the vehicle.
The subprime lender wrote off late fees after loan was paid the vehicle in still in our possession are we still able get the lien removed?
You will need to get a written lien release from the lender.
If i paid for my repossessed car why cant i get it back?
Besides the overdue payments on the vehicle, there are also towing and storage fees. The company that has physical possession of your vehicle (actually has YOUR vehicle in THEIR lot) should be able to tell you how much is still owed and to whom.
Can you go to jail for not surrendering the vehicle during repossession?
No you cant be taken to jail for that you have done no crimes at all it is not a crime not being able to pay your car even if you do it on purpose, not paying for the vehicle. Other wise allot of people would be taken to jail especially now with the economy down.
You are moving from a state to ny with your vehicle that is registered in the state where you currenly live. you have been paying a loan to bmw what do you need to register in ny and how much it will?
Please check the website below, it should be able to answer your question http://www.nydmv.state.ny.us/
How do you purchase a motorcycle in California that still has a lien against it?
You won't be able to change the registration until whomever holds the lien signs off on the vehicle title. You may be able to assume the loan, but nevertheless will still have to qualify and most likely re-finance the original loan.
