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You will have to borrow enough money to pay off the balance on the car you now have plus the price of the car you are buying.
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∙ 12y ago
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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 to buy a preowned car from dealer?
You can
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.
Where can you buy a trade in car in RI?
car trading shopMost dealer's used cars are trade ins.
Can you trade in a car with a balance to lease a car?
There should be no balance in trading each car. No one will accept the kind of deal.
Where can one find information to buy a used car?
On the website of the federal trade commision you can find information for customers to buy a used car. You can also browse the website of nadaguides
Where can one buy a affordable car?
One can buy a affordable car at their local deakership or through a ad in the local paper. One may also trade in a used car for a discount on another car.
25 used car loan what should you do?
trade it in once you establish some credit. your pretty dumb to buy a car with 25% interest
How do I buy a car when you owe on another?
Sometimes a friendly dealer will pay off the other car that you still owe on and take it in trade. If not, you have to make payments on both until they're both paid off. If the dealer takes your other vehicle in trade at a price less than you owe, you are responsible for paying the balance of the principal. If you want to buy an economy car and you now have a big SUV that the dealer doesn't want to take in trade, you have my sympathy. In that case, you have to try to sell the vehicle yourself that you don't want anymore at the best price you can get for it. Again, if it's less than your payoff balance, you must pay for your new car plus the remaining balance of the old one.
If your car is worth more than the trade in value what happens if you trade in?
You will get what they offer. You are always better off to sell your car at below retail and buy a car without a trade. The dealer will rarely give you more than wholesale for your trade in. Sell your car, and then go buy yourself a car. You have much more leverage when buying without a trade.
Your car was stolen you had to buy another car can the tote the note lot where you bought the first car sue you for the remaining balance?
Yes. You had a deal with the car company - you agreed to trade your money for their car. Then, when the car had become your responsibility it got stolen. The fact that you no longer have the car doesn't change what you had agreed with the company.
Where can you buy cheap used trucks?
You can buy cheap used trucks at most any car dealership. They take them in on trade when people are upgrading to a better truck, and then they sell them to make a profit.
