What happens to an existing car loan if I were to buy another car?

What happens to an existing car loan if I were to buy another car?

I bought a car in 2003 and owe about $8000 on it but am thinking of buying a new one. What will happen to my existing loan if I were to buy a new car? I would still owe that right? Would they just add that amount to a new loan amount? I'm confused about how this works. Please help!

 

BEST ANSWER: Try this site where you can compare quotes:insurecheap.us

 

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How much time is given for car insurance company to settle a claim?

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I'm curious, how many people do you think drive without car insurance and have you ever driven without insurance. I ask because the other day I was browsing on here and long story short, there was a woman who got into an accident that she claimed was not her fault but proceeded to say that she didn't have insurance and wanted to know what would happen. I was baffled because I don't know what would truely posses someone to drive without having insurance. I mean, I would be so scared of the consequences to even gather up the balls to get behind a wheel. It's like driving while intoxicated---it's just asking for trouble.

 

 

How much does the insurance pay for inconvenience fees?

I was in a wreck the other day and it was the person's fault who hit me. My car is totaled. She was fine and all i had was a cut and i went to the ER and they did xrays and they took out a piece of glass. Her insurance company is pretty good they already have me a rental car and they are buying me a new car and they are even giving me cash for maintenance costs and stuff I've done to my car in the past 6 months and then they said that they are paying inconvenience fees for having to go to the hospital. They have already paid for the xrays and the bills for the hospital so why are they giving me more money for this 'inconvenience fee' and how much will it be? Thanks

 

 

Insurance on a car that you do not own yourself?

Im 17 years old. My grandma will buy me a car. But she doesn't want me on her insurance, so she said i had to wait til i was 18 til she would buy it. I was wondering if it's possible for my mom to put insurance on the car for me, if she's not that one that own's it. She can't on it for medicaid reasons. Thanks.

 

 

How much will my car insurance go up after my exhibition of speed (racing) ticket?

He didn't write down a speed or anything on the ticket. I'm 17 and have allstate if that helps.

 

 

Car Insurance Policy - Registration and insurance in different names - Married couple?

New car insurance application had both our names listed but when we got actual policy it only had my name on it. Cars are registered under my husband's name. Would that cause any problems if we are stopped?

 

 

Suing a car insurance?

3 weeks ago, my car got hit while i was asleep in the middle of the night. the person left his insurance and phone number.so he knew he was at fault 100%. i called the insurance and they agreed to fix my car. since the person hit my wheel and bumper at the same time my car was not drivable at all, so they got a towing truck to take it to the shop. i received a call 2 day later from the insurance telling me that they could only fix my bumper because it the accident had nothing to do with a broken part from the other side of where the car got hit. now my car was working perfectly fine the day before the accident. and the insurance doesnt want to fix the part that broke because they said it was impossible for the part to brake and because the part was rusted. Can i sue the insurance company?

 

 

How much would car insurance be for me?

I am a 16 year old boy and am looking at 95-99 Honda civic coupes manual transmission. I believe the insurance company is AAA and I'm in southern California

 

 

Cheap auto insurance safe to have?

I'm going to buy auto insurance and the rates I'm getting are pretty low, $72.00 per month (Progressive) and $92.00 (Geico). But I picked the state's lowest minimum coverage that was available, and I was wondering if it's safe/okay to do that? Thanks :)

 

 

Why is barebones insurance for me going to be...?

...$150 a month for a 1985 gmc s15 4x4, valued at approx. $200 with the very basic coverage, liability only type thing. i have a 2002 chevy s10 2wd and its only $350 a month with total coverage. what the heck?! im 18, have a couple traffic violations but nothing serious (22km/h over the limit and an amended stunting ticket), i live on my own, have a steady job, and am looking for something that i can get stuck in the mud and dont give a crap about. any one know where i can go to get really cheap insurance for this? i live in alberta so it limits my choices a little from the world wide options. thanks everybody

 

 

Which is the best insurance policy for premium of 10 or 12k?

life insurance

 

 

Insurance rates on classic sports cars for new drivers?

obviously, insurance rates are higher for new drivers and even more so if they drive a sports car, but aren't rates lower on classic cars? if so does the reduction make up for the car being a sports car? for example, a 1965 Ford Mustang.

 

 

Who has the best & affordable dental and medical insurance?

I need a lot of work on my teeth and I will know it will be expensive. I'm trying to find a good and affordable insurance for dental and medical. I would like my copay to be no more than 20% and my deductible to be no more than $3,000 & doctor visits no more than $30. Can anyone help me out? I'm also looking for not only me but my child as well.

 

 

Help! Will the insurance company pay for my totaled car?

My daughter who is 19 has full coverage on her car which is in the shop being repaired for hail damage. She cannot rent a car because of her age, so she has used my car for about a month. My car has liability only. She was recently in a car accident with my car. Another car caused the accident which caused her to side swipe another car and then she hit a pole. The car that caused the accident sped off. Nobody got the license plate number of that car. Should my insurance pay for my totaled car since her car was in the shop? Luckily no one was hurt.

 

 

Who needs insurance?

Auto insurance is a hit or miss conception with police enforcement doing the insurance company's work for them. Too many drivers have no insurance leaving responsible drivers to pick up their tab. Why don't we tack on 10 or twenty cents per gallon at the gasoline pump to go for insurance. If you don't buy gas for your car, you're not going to be able to drive.That way, if you drive, you automatically have insurance. This frees up police to do real cop work, cuts down on the cost and makes sure everyone who drives has insurance. Whadya think?

 

 

Where can I find a comparative listing for auto insurance rates?

Where can I find a comparative listing for auto insurance rates?

 

What happens to an existing car loan if I were to buy another car?

I bought a car in 2003 and owe about $8000 on it but am thinking of buying a new one. What will happen to my existing loan if I were to buy a new car? I would still owe that right? Would they just add that amount to a new loan amount? I'm confused about how this works. Please help!

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