---
id: faq-0039
title: "Can I trade in a vehicle with an outstanding loan?"
category: faq
subtopic: trade-in
page_type: faq
source_url: "https://www.castlecdjrchesterton.com"
tags: ["trade-in", "loan", "payoff"]
questions:
  - "What if I still owe money on my car?"
  - "Can I trade in a financed vehicle?"
  - "How does a trade-in work if I have a car loan?"
related: [trade-in-negative-equity, trade-in-credit]
dealer: Castle CDJR of Chesterton
---

Yes, you can trade in a vehicle you're still paying on. Our finance team handles the loan payoff process seamlessly. When your trade-in value is determined, we coordinate with your current lender to pay off the remaining balance. If your trade-in is worth more than you owe, that difference becomes a credit toward your new purchase. If you owe more than the vehicle's value (negative equity), we can discuss options to roll that into your new financing. Call us at (219) 250-9487 to walk through your specific situation-our finance experts are here to help make the transition simple.