Car Payment/ Trade in Question
I owe approx 10k.
Trade in value/ private sale is around 20-25k
Looking at g37 coupes around 20-25k
Not sure how the finances work as this is only my second car and my first one was paid off before i bought my Z.
Do I just trade my car for an infiniti as close in price or do I have to subtract what is owed on the car from the new price of my new car.
If someone could simplify my math or give me an explanation on trading/upgrading/selling when you still owe some money on your car towards the purchase of a new car.
PS- this is just an idea, not ready to trade yet, but contemplating due to personal lifestyle reasons with family and business and travel
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