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Can a car dealership take a trade in where a loan is not paid off yet?In: Car Buying |
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Answer
yes, they buy out the loan, and if the vehicle is not worth what is owed the balance can be added to the amount being finaced on the new one
First answer by ID1196144792. Last edit by ID1196144792. Question popularity: 3 [recommend question]
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Can you trade a dealership a lemon? Can you trade a car that's not paid off? How do you trade in a car that's not paid off? How do you trade in a car that is not paid off? Can you trade in your car when loan not paid off? Can you trade in your car without it being paid off? How long does a dealership wait to sell your trade in? Can you trade your car to a dealership with two leans on it? Can you trade in a car for a new one even though the loan is not paid off?
