How do you trade-in a vehicle that you owe money on? Many East Wenatchee drivers can trade in vehicles new to them for cash. When the trade-in process is pretty straightforward when your vehicle is paid off, the process is different if your loan balance is negative. Learn how to trade in a car that is not paid off with our finance team at Sangster Motors, and apply for financing if you want a head start on your auto loans.
When you trade-in a vehicle that still has a payoff amount left on it, you have to determine whether you are in:
Basically, If the offer is less than the amount you owe, then it is negative equity. However, if it is more than how much you still owe, then it is positive.
When you check out our vehicles with negative equity, you can trade-in your vehicle even still. Learn more about car purchases with negative equity below:
If you still have questions about trading in your car that’s not paid off, reach out to us at Sangster Motors near Wenatchee, WA for more information.
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