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If you trade in a car do you still pay on the car you trade in?
Wiki User
∙ 14y ago
Should not cost you a cent. Simply show them your paper-work for your vehicle such as registration, [insurance], and also your driver's license and they'll appraise your car. This process however can take awhile.
Wiki User
∙ 14y ago
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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.
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.
Should you trade your car in or pay it off?
pay it off
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.
If you trade your car in to a dealer and still owed money on it but the dealer never paid it off whos accountable?
Once you sign the release of liability at the dealership when you trade the car , the dealer is responsible for the pay off.
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.
If you win a car but don't like the car you won can you trade it in to the dealership immediately for a car you want if so do u still have to pay sales tax on the car u won?
Yes you can trade the car. Yes you will have to pay sales tax and yes you will receive a 1099 tax form for the value of the car just in time for tax season next year.
You cannot make the rest of the down payment and the dealer wants the car back do they have to give us back your trade?
In Chicago, IL if your car is repossed by the dealer do you still have to pay back the money for the car?
If your car is totaled and you still owe for your car do you have to still pay for it?
Hell yea
Do you have to pay the taxes in the car you trade in in Virginia?
you would only pay taxes on a difference
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.
You have finance a car and she refuse to pay because she say that car is not running?
She still has to pay with the car working or not.
