Can you trade in your car for a less expensive car
You can trade your car in toward a new lease. Leasing a car allows you to get behind the wheel of a new vehicle for less than what it might cost to finance. You can trade your car in toward a new lease. Leasing a car allows you to get behind the wheel of a new vehicle for less than what it might cost to finance. If you trade in your vehicle when you have negative equity, this will put you in a position where the collateral you used to secure your loan—your car—is no longer in your possession. This will mean that you will owe the full remaining value of your loan as soon as you trade in your vehicle for a new one. How to downgrade your vehicle without losing too much money. Tell them you’d like to trade in your car for a less expensive one. They may have several options for you even if they only have