Yes! Our team can help you navigate the complicated process of paying off your existing loan or buying out your current lease, so that you have what you need to be able to trade-in your car for another one on Shift.com.
For a loan, the outstanding value (i.e. the amount still owed) can be “rolled into” or included in a loan for a new vehicle with Shift. However, do note that this can often affect the interest rate offered by a lender and is not always available from every lender. Qualification depends on your personal credit history, income, amount of negative equity, and other factors unique to your situation.
For a lease, we will payoff your lease and use the residual amount as a down payment towards your trade-in with Shift.
If you have negative equity (i.e. underwater), our Shift Advisor team can help you figure out a solution.