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You can, yes. Simple explanation for how it works is that any remaining balance left on the old car is rolled into the loan for the new car. For never tell the car dealer any of these three things! You can always trade it in. I believe what the dealership will do is to look at what the trade in price of your vehicle is less the payoff value of your car.

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Can I trade in a car I'm financing to a dealership for a new one? : r How to Trade-in a Financed Car If you're trading in a financed car, the dealer will work with you and your lender to apply the value of the trade-in to a new loan if there's a remaining

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Trading in a vehicle that you still owe money on is a relatively simple process. Dealers will be happy to work with you on it and do most of the legwork. How to Trade In a Financed Car: Everything You Need to Know How to Trade In a Car That Is Not Paid Off - NerdWallet

How Does Trading In a Financed Car Work? ยท Determine the remaining balance on your loan. ยท Use our Value Your Trade tool or one from a service like Kelley Blue How To Trade in a Car That Is Not Paid Off: A Complete Guide | Intuit

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