Trade

Asked by Joseph Dec 01, 2019 at 06:46 PM about the 2016 Chevrolet Camaro 1SS Coupe RWD

Question type: Car Selling & Trading In

Is it possible to trade my car with somebody if
we both owe money on our cars?

2 Answers
40,110

TDolby answered 4 years ago

Contact your lender, but I would think you would have to open a new used car loan, essentially buying there car for for the amount you owe on your current car, and they would have to do the same for the amount they owes on there's.

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