Yes, of course. But the dealer will only do a trade this way if your car is worth much more than the car he is selling to you.
In Chicago, IL if your car is repossed by the dealer do you still have to pay back the money for the car?
Sure. the dealer can accept anything he feels has value toward the payment....cars, boats, art, etc.,...even work.
The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.
Yes
you paid the dealer to take your car intrade and then the dealer got book for your trade
They can sell it on their own, or they can trade it into the dealer toward a down payment.
They will not take the no title car on trade.
i cannot afford my truck payment can i sell it 2 dealer and get cheaper car
Sure. It will lower the pay-off the dealer ia going to charge you when you buy the next car.
Yes i will release the car back to the dealer even if i did made a first payment. Sandile
It means that the dealer might accept your car as a part of payment but of course the dealer and you have to agree on a price for your car.
How long a dealer will hold a car with a down payment depends on the dealer. It is a good idea to get a time frame in writing. Some dealers will sell a car within a couple of days if you do not complete the transaction.