Can I trade my car I'm financing for a vehicle equal to the balanced owed

Asked by GuruDXTSDP Oct 06, 2024 at 07:19 PM about the 2017 Hyundai Santa Fe SE FWD

Question type: Car Selling & Trading In

Can I trade my car I'm financing for a vehicle equal to
the balanced owed

3 Answers
158,955

James answered 8 months ago

That's not how it works. Whatever you owe on your trade in gets added to the loan for the vehicle you're buying. Doesn't matter if the trade in is worth the same amount or more than what you owe. In the end you wind up paying for two vehicles. One of which you no longer have. Jim

Mark helpful

Your Answer:

Related Questions

Santa Fe

Looking for a Used Santa Fe in your area?

CarGurus has 28,846 nationwide Santa Fe listings starting at $1,995.

ZIP:

Own this car?

Share your experience with others.

2017 Hyundai Santa Fe

Write a car review

Review another car

Shortcuts

Resources

Search Hyundai Santa Fe Questions

CarGurus Experts

  • #1
    me29
    Reputation
    6,550
  • #2
    JP1956
    Reputation
    2,890
  • #3
    SubaruTech5862
    Reputation
    2,060
View All

Know more, shop wisely

Search

Related Models For Sale

Used Hyundai Tucson
1,410 Great Deals out of 40,046 listings starting at $1,850
Used Kia Sorento
839 Great Deals out of 27,178 listings starting at $1,995
Used Hyundai Santa Fe Sport
248 Great Deals out of 2,572 listings starting at $2,500
Used Honda CR-V
2,439 Great Deals out of 45,518 listings starting at $1,000
Used Toyota RAV4
2,458 Great Deals out of 37,427 listings starting at $2,000
Used Toyota Highlander
1,707 Great Deals out of 17,662 listings starting at $1,998
Used Honda Pilot
1,033 Great Deals out of 24,804 listings starting at $1,500
Used Kia Sportage
949 Great Deals out of 31,268 listings starting at $2,300
Used Ford Explorer
2,708 Great Deals out of 51,809 listings starting at $2,495
Used Nissan Rogue
2,531 Great Deals out of 60,350 listings starting at $1,950
Used Mazda CX-5
1,293 Great Deals out of 30,798 listings starting at $1,750
Used Toyota 4Runner
1,463 Great Deals out of 20,061 listings starting at $2,499

Used Cars For Sale

2025 Hyundai Santa Fe SE FWD For Sale
5 Great Deals out of 657 listings starting at $26,879
2024 Hyundai Santa Fe SE FWD For Sale
5 Great Deals out of 41 listings starting at $23,169
2023 Hyundai Santa Fe SE FWD For Sale
3 Great Deals out of 96 listings starting at $18,349
2022 Hyundai Santa Fe SE FWD For Sale
3 Great Deals out of 44 listings starting at $12,990
2021 Hyundai Santa Fe SE FWD For Sale
3 Great Deals out of 40 listings starting at $12,999

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.