What happens if I owe more on my car than it's worth and I want to trade it in?

We understand that you may owe more on your car than it’s worth. That’s called negative equity—or being “upside-down” on a loan—and it’s more common than you might think. Fortunately, Driveway has solutions for you. Whether you're simply looking to sell your car, or trade it in and buy a car from Driveway, it might be possible to include the negative equity as a part of your sale or financing.

We know these financial details can feel overwhelming, but we’re here to help. Start a chat with us, send us an email at support@driveway.com, or call us at (888) DRV-EWAY (888-378-3929) and one of our friendly financing experts will explain your options.


Have more questions? Contact Us!

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