I was wondering if I’m able to trade in my car I still owe for a newer car but my credit not looking good. Can you advise me. Thank you

pat Chavez | Aug 29, 2018 | Category: Chevrolet dealer

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Edwin Quintana | Aug 29, 2018

You still can but with bad credit and if you still owe a lot in your current vehicle. Then I'm sure your payment is going to be ridiculously high. They're going to add whatever the upside down is on your current car to your new car. So let's say for example your upside down on your current vehicle by $4k their going to add that your new car. Also your bad credit will have an effect on your APR% so you'll be paying a lot more money for the new car. Probably $10k more then what it's really worth. Hope this helped!

pat Chavez | Aug 29, 2018

Thanks for fast reply. Question can a car dealer payoff my balance and start all over is that possible?

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