you can but its not always wise because you could end up buying the new car for more than what it is actually worth.
Yes. However, you are probably goping to have to cover some negative equity.
Yes.
Yes it's possible. It's what we called "trade-in".
sure you can. but you will have to buy it back. why not just keep your old car and put a down payment on your new car because let's say the dealer gives you 5,000 for your old car as a downpayment on...
It is not automatically covered. You must call your insurance company and add the car to your policy.