---
id: faq-0029
title: "Can I trade in a car with an outstanding loan balance?"
category: faq
subtopic: trade-in
page_type: faq
source_url: "https://www.castlekiamchenry.com"
tags: ["trade-in", "financing", "payoff"]
questions:
  - "Can I trade in if I still owe money on my car?"
  - "What if my loan isn't paid off?"
  - "How does payoff work at trade-in?"
related: [trade-in-financing, trade-in-process]
dealer: Castle Kia McHenry
---

Absolutely-trading in a car with a loan balance is very common. The trade-in value Castle Kia McHenry gives you can go toward paying off what you owe, and any remainder applies to your new vehicle. If the loan payoff is more than the trade-in value, we'll discuss how to handle that difference. Our finance team handles all the paperwork with your lender to make the transition seamless. For your specific situation and exact numbers, call (815) 453-8566 so we can walk you through how the payoff will work with your new purchase.