I work at Kennesaw State University. I would like to buy a 2nd used car and role the payment into one. Is that something that can be done.

April Braxton | Dec 26, 2018 | Category: Nissan dealer

Town Center Nissan - All questions

Address: 2310 Barrett Lakes Blvd, Kennesaw, GA 30144, USA

Yousef Parman | Dec 27, 2018

Yes you can, at town centre Nissan every body professional and courteous ,they will answer all your questions and they make Sure that ,you are %100 satisfied.

Dani Hardin | Dec 27, 2018

Yes you can- However, a used car really has no promotions or rebates you can use to absorb what the dealer would give you for your trade in order to roll the rest on top of another used car. The dealer must first appraise your car and tell you what it is worth. So if you owe 10k and the dealer is only giving you 5 or 6k you then roll the remainder of that amount into the used car you are buying. Depending on the year, miles & price of the car you are buying and the negitive equity you are rolling on top of it all is contingent on how strong your credit is for a bank to take that new loan amount and if you are able to handle the payment which will go up - unless you are putting some money down to lessen the payment a bit. Hope this helps.. 😊

OT Manary | Dec 27, 2018

No bank would approve such a move... If I understood what you said, buy one car a roll the payment to another one, is that it? - unless of your other car is paid off(still it makes no sense...)

John S | Dec 27, 2018

April that would depend on your credit and the value of vehicles. Most banks want one collateral (car) per loan. Are you a credit union member? You might check with your credit union.

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