Trading car to dealer I'm still paying for

Asked by Deedric Aug 25, 2017 at 11:39 PM about the 2014 Chevrolet SS RWD

Question type: Car Selling & Trading In

I have a 2014 Chevy SS with very low
mileage. Less than 18,000. Excellent
condition. I have a note I can't handle.
Can I sell or trade my car to a dealer
and be from under that vehicle?

4 Answers

F_O_R answered 6 years ago

You likely owe more than it is worth so you will have to fill the gap with cash or another loan.

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44,875

jamnblues answered 6 years ago

yeah, a dealer will do that- in a New York minute- but you will wind up with a smaller, lesser vehicle if you want a smaller note- something like a toyota yaris or somethin' brace yourself-

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F_O_R answered 6 years ago

Don't go for a 7 year loan for low payments as you will wear out the car before it is paid off and you will be in worse financial shape than before.

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Stanley answered 6 years ago

You will probably be upside down. Sell it privately you best option . Dealerships will never give you what it is worth

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