How does it work when you trade in a vehicle you owe on
Jan 10, 2020 Do you owe more on your auto loan than your car is worth? For example, say you still owe $30,000 on a car that you'd like to sell or trade in, but the you'll have some equity to work with when you shop for a new car later. What can you expect at trade-in when you owe more on your car than it's worth? understanding how negative equity works in a vehicle trade-in can help you