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Yes, but only up to the value that is not currently owed on your existing car. You are still responsible for making the payments - unless it is specifically written that the loan can be assumed by anyone.

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Q: Can you trade in your used car that you still owe on for another used car?
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Related questions

Do you have to buy a new car to trade in a used car?

No, you can trade a used car for another used car


Can you trade in your used car for another used car?

It is possible to trade a used car to another used car. As long as both cars are in good condition ang good price too.


I trade my car for another one but im not happy i still have the other car log book can i still have it back?

No.


Can you trade-in your car for a used car?

yes, even if you still owe money on your current car


Can you trade in car your if it wont start for another?

Sure you can trade it in. You will get the wholesale price of what it is worth in trade. Now if you are referring to a new car you bought and you want to return it for another car, the answer is no & yes. You can trade it in but the same thing applies. It is now a used car and you will get that used car price. Just let them repair it under the warranty.


If you recently bought a used car and want to trade it in along with another used car for a newer car has this been done before?

yes.


Can you trade in a used car for another car if you are still making payments on the first car?

Yes you can, but you have to owe less on the car than the trade in given. In other words if you owe 2,000 on the car and they give you three that means the loan on car 1 gets paid off and you have a 1,000 towards the price of car 2. But if you owed 5,000 on car 1 and they gave you 3,000 you would still have a balance due on car loan 1.


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.


Can you trade in your used vehicle that you bought 4 months ago for a newer one and if so does the dealer pay off the prior vehicle and still give you a trade in value?

NO. He will give you the difference in the pay off on the trade in and the trade in value. Stop right where you are. Sell the vehicle yourself and pay off the loan. Then go buy another car without a trade in. The price of the car will drop as soon as you tell them you have no trade in. You will be money ahead. Trade in value is basically wholesale value. You can sell the car for far more than that yourself.


Can you trade in a car that's not paid off and not co sign for another car?

If you trade-in a car that Not paid off, you will be trouble with the law.


Can a car be sold to a dealership for another car?

Yes. It is called a trade in.


Can you trade in a car you still owe on for a new car?

Yes you can, but it depends on the dealership you trade it to...some of them will be willing to pay it off when they receive it as a trade.