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Can you trade a vehicle with if you don't have a job?

Updated: 8/17/2019

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∙ 15y ago

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Can you trade a vehicle if your only source of income is unemployment?

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∙ 15y ago

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Yes it does, I just traded my vehicle for another vehicle even trade and didn't have to pay taxes on it in Florida.

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The term 'Tool of Trade' in regards to commercial vehicle insurance means the vehicle is needed to ply the trade (transportation of equipment, etc.)

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If the repo-man is looking for your vehicle, you do not own the vehicle yet. If you take the vehicle in for trade-in, they will have to contact the person who owns the vehicle to get permission to trade it (meaning whoever loaned you the money). Whoever they call is bound to mention that they are in the process of repossessing your vehicle. In alot of cases you need ownership of the vehicle and only a title can prove that to trade in a car.

Can you trade in a vehicle in California without the registration?

In most states, you can trade in the vehicle without it being registered. However, you do need a TITLE to prove that you own the vehicle.

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