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Sure you can, but you will likely find you owe more than it's worth as a trade in.
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∙ 16y ago
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Is it ok to trade in a car if you had it only for a year?
yeah the car dealer/showroom can not refuse a car if they have advertised that they trade cars even if they give your car a really low price
If you own your car can you work out a trade with the dealer and have no payment?
Yes, of course. But the dealer will only do a trade this way if your car is worth much more than the car he is selling to you.
How long before you can trade in a car?
There is no length of time required before you can trade in a car. Most people wait around one year before trading it in.
What are the benefits of trade car insurance?
Trade Car insurance will provide you coverage when you are between automobiles, and is only a temporary coverage, not to be confused with regular auto insurance.
How can you trade in a car that is in someone elsename?
You can only trade in a car that has clear title. Depending on the dealership, it may work to bring the owner of the car with you to sign off on its being a trade. Or, get the title changed at the DMV into your name before shopping for a car. If this is your wife's car, think twice about doing it without her involvement.
Can you trade in a car and you are not on the loan?
In order to trade in a car you must be the only owner listed on the certificate of title. If a creditor is listed on the title that creditor must be paid off from the proceeds from selling the car or from the new loan.
How can you trade a car when you owe more than it is worth?
You can't really trade it without staying in the hole. You can go to a car lot with about 8000.00 dollars and trade it but if your buying a new car that's 12995.00 and you trade a car you owe 9995.00 on they will just add the amount you owe minus what they give you for the car, which is usually nothing and the rest will be put on your new loan. You will owe 3 times as much as you did. The only way to not have the car is to let it go back, but agin that's a repo... I recently had to do that and just bought a car for cash. No car note..that's the best thing. The repo will hurt your credit, but as far as getting another car, you can after about a year and a half.
Should you trade in your used car that is paid off for a new car?
Only if you can afford payments for a new car and your used car is in very bad shape.
Will a car dealer sell a car if there is no title on the trade in car?
They will not take the no title car on trade.
Can you trade your car in for leased car?
You can trade the cars all in for what you want. Trade for what is on the market
Do you have to pay the taxes in the car you trade in in Virginia?
you would only pay taxes on a difference
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
