I want to trade in a vehicle I am 1-2 grand negative equity. I am considering a lease. Can I get away with o to minimum down?

Asked by jdonnelleyjr May 29, 2015 at 07:38 PM

Question type: Shopping & Pricing

2006 F150 XLT supercrew 4x4 91k
Trade for 2015 sedan, carolla, focus, 200 ect

1 Answer
210

MAC7Auto answered 8 years ago

As long as value of vehicle to loan fits in a banks parameters.. yes you can add that negative equity to the loan with zero down. The vehicle you are buying has to have a high book value and a good selling price.

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