2007-11-29 13:03:12 · 3 answers · asked by mom05 1 in Cars & Transportation ➔ Insurance & Registration
The lien will have to be paid off, but you can trade the car! The dealer would get a payoff figure and take that amount from the trade in value, and credit you with the balance! It is the same with any car loan!
If the amount owed exceeds the value of the vehicle, you would have to pay the difference in cash, or roll it into the new car loan!
2007-11-29 13:35:01 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
YES!!
PEOPLE DO IT ALL THE TIME WHEN THEY UPGRADE VEHICLES. JUST MAKE SURE YOU TELL THE DEALER THAT THE BAN IS FINANCED WITH XX BANK.
GOOD LUCK.
2007-11-29 16:00:46 · answer #2 · answered by Anonymous · 0⤊ 2⤋
YES YOU CAN BUT SOMEONE IS GOING TO HAVE TO PAY OFF THE LIEN.
2007-11-30 01:02:53 · answer #3 · answered by Anonymous · 0⤊ 2⤋