2007-01-02 01:53:23 · 4 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Your question is a bit unclear, but from what I can see you have two vehicles. You owe money on one, and do not owe on the second one. You want to replace the car that you own free and clear, but do not want to have two car payments. You want to sell or trade the owned car, pay off the current loan, and finance another vehicle.
The best way to do this is to sell your current (paid off) vehicle, either to a dealer or a private party. Take the money from that sale, and pay off your loan. Then buy (and finance) another vehicle.
If your current loan is with a bank or credit union, talk to them. They may be able to help you.
2007-01-02 02:52:49 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
if I understand what you are trying to ask. When you buy a car and trade-in a vehicle that has a loan, the dealer will pay off the loan. If you owe more than the loan balance they will add that balance to the new loan. If the value is worth more than the loan they will put that money towards the down payment.
2007-01-02 01:58:17 · answer #2 · answered by nj2pa2nc 7 · 0⤊ 0⤋
Your contemporary coverage would hide you to rigidity different automobiles 0.33 social gathering so examine it to examine that yet - IN examining IT you will see that those automobiles isn't ONES that are OWNED OR employed TO YOU. you pick a seperate coverage and you haven't any longer have been given any NCB to apply on that because it is in use already and can't be used on 2 rules on the comparable time. if your contemporary insurer does van coverage, no longer all do, they may be the superb ones to ask and are the only ones possibly to grant any form of introductory low value
2016-10-06 08:06:53 · answer #3 · answered by ? 4 · 0⤊ 0⤋
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2007-01-02 04:07:50 · answer #4 · answered by Bawn Nyntyn Aytetu 5 · 0⤊ 0⤋