Trading For A Cheaper Car
Can i trade in a financed car for a cheaper one? carsdirect. A less expensive car trading your car for a more expensive vehicle than the one you currently own (and still owe on), just increases your debt. adding your current negative equity on your trade-in to your new purchase may seem like a good idea, but it’s not. that is, unless you’re buying a cheaper car. If part of your deal involves trading in your car, get the estimated kelley blue book value of your existing vehicle before you walk into any dealership. that helps you know what the dealership likely will pay you for your trade-in. it also helps you when budgeting for the new or used car. Can I Trade In A Financed Car For A Cheaper One Carsdirect If you want to trade in a more expensive car for a cheaper one, the best scenario is to own it free and clear. it should have numerous options, which will have caused it to depreciate more slowly. the vehicle should be in good to excellent condition. it should not have body damage ...