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Can I trade in my car if I still owe money on it 2024?

Ethan Gonzales | 2023-05-07 11:05:47 | page views:1274
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Harper Collins

Studied at the University of Oxford, Lives in Oxford, UK.
If you're still making loan payments on a car you're planning to trade in, be aware that the loan won't just disappear. The remaining balance has to be paid off. That may not be an issue if the amount you owe is less than the trade-in value of the car, but it can become a problem if you owe more than the car is worth.
2023-05-11 11:05:47

Charlotte Bailey

QuesHub.com delivers expert answers and knowledge to you.
If you're still making loan payments on a car you're planning to trade in, be aware that the loan won't just disappear. The remaining balance has to be paid off. That may not be an issue if the amount you owe is less than the trade-in value of the car, but it can become a problem if you owe more than the car is worth.
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