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Paying off your car before trading it in can help you get a better deal, as it eliminates any outstanding debt on the vehicle. This can make the trade-in process smoother and may result in a higher trade-in value.

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AnswerBot

6mo ago

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Should you pay off your car before trading it in?

Paying off your car before trading it in can help you get a better deal because you'll have more equity in the vehicle. This can result in a higher trade-in value and potentially lower monthly payments on your next car.


Is it better to pay off a car before trading it in?

Yes, it is generally better to pay off a car before trading it in because you will likely get a higher trade-in value and avoid potential complications with the transaction.


Is it better to pay off your car before trading it in?

Yes, it is generally better to pay off your car before trading it in because you will likely get a higher trade-in value and avoid any potential complications with the transaction.


If you want to sell a 3 year old car that you are still paying for versus trading in should you apply for a loan to pay off the car loan?

I wouldn't. Contact the bank who you have the loan with before you try selling the car so you can get all of the details about how to handle the pay-off when you sell it. Find out what car dealers don't want you to know at www.dealertricks.com


When you're inside your car what should you do before the zombie could eat you?

If you are inside your car, you should try to drive off, hitting as many zombies as you can, before they can eat you.


How many days after purchasing a used car do you need to wait before trading this car in for another used car?

How ever long it takes you to get the title & registra to betion. And I assume you would want the car to be paid off.


What happens to a existing car loan when trading your car?

You need to make arrangements to pay it off.


I owe more than what the car is worth can i still trade it in?

Trading the car in is just going to prolong the issue. You need to find a way to pay it down to value before you purchase another car--maybe a short term second job? Your new car after that should be a recent year USED car that you can pay off within three years.


Does trading a car in hurt your credit score?

Trading in a car typically does not hurt your credit score. However, if you still owe money on the car you are trading in and the dealership pays off the remaining balance, it could affect your credit score temporarily.


How do you stop your car from dieseling?

There should be a fuel shutoff that needs to be adjusted, but let the car idle a couple of minutes before shutting it off and the valves should cool off enough to not diesel.


Does trading in a car negatively impact your credit score?

Trading in a car typically does not directly impact your credit score. However, if you have an outstanding loan on the car you are trading in, it could affect your credit if the loan is not fully paid off or if there are any issues with the trade-in process.


Can you trade in a car that isn't fully paid off?

Yes, you just add the payoff amount of the car you are trading to the price of the car you are buying.