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.
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.
Once you sign the release of liability at the dealership when you trade the car , the dealer is responsible for the pay off.
Off-trade sales volume refers to the amount of sales that can be accounted for by selling a product to corner shops, grocery stores, and general retail. On-trade sales are those completed with the foodservice industry.
There are many local places to take your car to trade it in. Carmax is a well known car dealership that takes trade ins. You can also check your local Jeep dealership to see what they have to offer.
There is no such requirement. They can sell it the next minute after you trade it in if they have a customer.
Yes. It is called a trade in.
yes in the auction sales or private sales
There are a number of different sales options on GMC vehicles. Depending on the dealership one can pay the full amount by cash or credit card, one can get an auto financing loan and pay over several years or one can trade in an old vehicle as a deposit on a new car.
Off-trade sales volume refers to the amount of sales that can be accounted for by selling a product to corner shops, grocery stores, and general retail. On-trade sales are those completed with the foodservice industry.
You can try, but the moment the dealership finds out (which only takes an instant), they'll reject the trade.
Quite simply, there is no point to it. This was used when there were trade limits, to bypass those limits - but now there is no such trade limit. You can trade any amount in a normal trade. In fact, if anybody suggests a non-standard trade, such as a drop trade, it is very likely that he wants to scam you; such a player should be immediately reported.
I don't know of any dealership that would allow that. On the other hand any dealership will accept a vehicle bought from them for trade in, but I have no doubt that you will lose money on the deal.