Then can u trade ur car in for a car that less expensive so ur payment would go down?

Answer 1

Theoretically yes, but realize you are paying a dealer mark up (or mark down, in the case of a trade-in) on both the car you're trading in and the car you're buying, so in the end you may have to step WAY down in the kind of car you're driving in order to see a substantial savings.

In other words, they'll lowball you on the trade-in and highball you on the new car purchase (hey, they're a business, that's how they make money).

Answer 2

the trade in values suck. sell it outright and use the money as a down payment and then your payments will be lower when you buy a less expensive car.