1 result for tag: trading a financed car

Can You Trade in a Financed Car?

Yes, you can trade in a financed car, but the loan sum does not disappear when you do so; it must still be paid off. The loan debt should, in most situations, be covered by the vehicle's trade-in value, although this will depend on a number of factors, including the vehicle's condition and age. It doesn't have to be tough to ... More