Can You Trade-in a Car With Negative Equity? Once you've worked out your current car's value, your next step is to look at its equity. When buying a new car, many people will own older cars that they still owe money on. Sometimes this means their current car has a value that's ...
CALCULATE TRADE-IN VALUE
That means there might be unexpected value in your old car. Follow these steps to get the best price possible on your trade-in. 1. Find the trade-in price First, check online pricing guides like Kelley Blue Book and Edmunds and remember to accurately include all options, the correct mileag...
When you own your car outright, the process of trading in your car is simple: The trade-in value is deducted from your next car’s price. You then pay the remaining amount owed for the car with cash or with an auto loan— or both. If you’re downsizing and your trade-in is worth...
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