Finance question???

Car finance question?

  • if i already have a finance on a car but want a different car that iv seen how can i go about part exchanging mine for that one and still pay the finance but just for a different car or sell my car back to the dealer pay as much of the finance i can off with it and carry on whats left over to my new finance?

  • Answer:

    If the part exchange value of the car doesn't cover the amount you still owe on the finance, then you will need to make up this shortfall yourself, on top of whatever price you're paying for the new car. Essentially you'd be transferring your existing debt to the new finance package, so that you would no longer owe anything on your old car.

Scott Ashton at Yahoo! Answers Visit the source

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