Yes! You can trade in a vehicle even if you still owe money on it.

At Lehighton KIA, this is one of the most common questions we hear from drivers throughout Lehighton, Allentown, Jim Thorpe, Palmerton, Tamaqua, and the Lehigh Valley. The first step is simple: determine what your current vehicle is worth and compare that amount to your current loan payoff.

Positive Equity vs. Negative Equity

If your vehicle is worth more than you owe, you have positive equity, which may be applied toward your next vehicle transaction.

If you owe more than your vehicle is worth, you have negative equity—often called being “upside down.” That doesn't necessarily mean you can't trade. Depending on the vehicle you choose, your financial situation, and lender approval, there may still be options available to help you make the switch.

What Affects Your Trade-In Value?

Your vehicle's value is based on several factors:

• Mileage
• Condition
• Equipment
• Vehicle History
• Current Market Demand

And because vehicle values can change, an appraisal you received months ago may not reflect what your car is worth today. That's why getting a current trade-in evaluation at Lehighton KIA is a great place to start.

Still Owe Money on Your Car?

Find out what your options look like today. Visit Lehighton KIA in Lehighton, PA, conveniently located for drivers from Jim Thorpe, Palmerton, Tamaqua, Allentown, and throughout the Lehigh Valley.

Start your trade evaluation today and see what your vehicle could be worth!

Lehighton Kia

Lehighton, PA