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yes you can trade it in. But if you owe more than what the dealer is going to give you for the car the remaining balance will be added to your new loan
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Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
How do you trade in your car when you are still paying the loan for the car?
The balance you owe on the car that is getting traded in will be added to your new car loan. Example You owe 10,000 for the car you want to trade in They give you 6,000 for trade in your new car costs 20,000 you will either have to pay that 4,000 or they will add it onto your new car loan from your car you traded in.
How can you eliminate your auto loan without finishing the payoff?
One way or another, the loan has to be paid off. If you trade the car in, you can get the payoff added to the amount financed on the new car.
If an auto loan has been charged off can you still pay payments to the lender and keep vehicle?
Why? If your auto loan was filled with your bankruptsy, you have the auto. I filled Bankruptsey but had not put the car on. If you had the car loan filled within the bankruptsy your done with the loans. wish i would have done that !!
Can you still get a car loan even if you have bad credit?
A car loan is considered a personal loan. While bad credit makes it harder to get any loan, individual car dealers decide whether they will allow a car loan with bad credit. A personal loan is an unsecured loan.
How do I find a calculator for car loan payments?
If your looking for an auto loan calculator, Bankrate is a great place to start. They provide car loan and auto loan calculators to help with your buying decision. http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx
What kind of loan is an auto loan?
An auto loan is a secured loan. A lien on the car helps the lessen the risk for the lender.
How can you get rid of a your car when you still have payments?
Sell it or trade it in. Then take the proceeds to pay off the loan.
Where can one get an auto loan for a car?
One can get an auto loan for a car at the "State Farm" website. State Farm is a very reliable and widely used company for a quick and easy to get auto loan.
Can you buy rims with a auto loan?
No the car is security for the loan.
Will a bank help you take out car loans?
Auto Loans - Save time and money with an auto loan from Capital One. Apply for auto loans online in minutes and lock in our competitive auto loan rates.Looking for an auto loan calculator? Bankrate provides car loan and auto loan calculators to help with your buying decision.
Can you use a car as a trade in for your new car if the trade in is titled to your daughter and has an out standing loan signed by another person and your daughter agrees to the trade in?
your daughter would have to sign the release documents for her car. As for the loan, whoever signed the loan would still have to pay the loan, regardless. The loan doesn't go away. If you do consider this, make sure there aren't any liens or any other claims to that car, through the bank or other institution.
