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If you trade in your vehicle when you have negative equity, this will put you in a position where the collateral you used to secure your loan—your car—is no longer in your possession. This will mean that you will owe the full remaining value of your loan as soon as you trade in your vehicle for a new one. Buying a New Car: Getting the Most Money for Your Trade-In We've listed a few tips that will help you get the most money for your trade-in when it comes time to buy a new car. Car News Autotrader Find: 2002 Bentley Arnage T for Under $20,000 You can pick up a stately, flagship Bentley model for less than $20,000.
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