finance trade,
finance trade,
Can I trade my car if under finance?
This may sound stupid, but I wonder. I have an old car bought new with 12 months banking finance anything wrong with that I still pay. I wonder if I can trade and get into a new model through the same distributor? I do not know really how the financial positions all work well? It is leased is not funded. Any ideas? Thank you. PS I live in Melbourne, Australia. The car I want to trade for more expensive than my current car at about 3 large. It's cheaper!
Yes, you can change it in. However, it is unlikely to have had sufficient time to build equity in the vehicle and most likely will have to roll part of your balance on the car again. You may want to try to sell the first car to be able to get more money for it. Then buy your next car. PS: My answer remains consistent, even with updates
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