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Of course it is. The dealer taking the trade would become responsible for loans and liens on the car once ownership has been transferred. If the remaining money owing on the trade is not paid he could lose the car to the lender.

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Q: Is it relevant for the car dealer to ask how much is owing on your trade in?
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Related questions

Is there a way to find out how much a car dealer got for a trade in?

you paid the dealer to take your car intrade and then the dealer got book for your trade


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.


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.


- How much was Luciano Pavarotti worth at death?

he died penny less owing millions


Did you follow a logical process of analysis based on relevant question?

Example: I went to a car dealer to buy a car. I followed a logical process of analysis when purchasing a car. The relevant question I asked was based upon my financial status. For example: how much the car is, what kind of down payments, what's my price range......etc.


Can you sell your car to a dealership?

Yes, but you will not get much for it. You are better off selling it to Private Buyer, unless you are willing trade the car in for another, then selling to a dealer would probably be best.


Does the car dealer keep registration fees on a trade in?

All car dealers SHOULD keep registration fees on a trade in car but if a client requests other wise then there is not much they can or will do, although if you ask to know the registration fees they should be able to tell you.


How to buy a car that is leased when the lease is finished?

Refinance for however much is left owing on the vehicle.


Is it possible to trade in 2 used cars for a new one?

of course of course again - but dealers are much less happy with that. With loan rates so low, and dealer incentives they want to move new cars not clog their lots with old ones. So 1+1 won't equal 2 Trades are more valuable than cash to any dealer. The more trades the merrier. Boats, bikes, trailers, anything that can be sold. Keep in mind that a dealer will want to own both cars to a holesale price (not trade in book)so would give a lot less than trade in book for the 2nd trade


Is the right to revolt relevant?

Yes, not so much revolt, but to protest is very relevant and protected by the constitution.


Can you trade in a car with a higher value than the car you want to purchase?

Sure you can, but odds are that you'll lose significantly on it. The dealer won't be particularly happy to hand out cash, so he'll probably assign something much lower than street value on your trade-in.


What is the value of an 1878 us silver trade dollar?

The Philadelphia issue (no mintmark) 1878 Trade Dollar is a Proof only issue with a retail value of $1,500.00 and much more. But the entire series is known to have counterfeits and copy's, so take it to a coin dealer for an assessment.