Wednesday, July 15, 2009

Can I roll the balance of a GMAC auto loan into a Toyota Financial Services auto loan?

Considering a trade-in value of about $10,000, the remaining balance of the loan from GMAC will be about $3,000. Can this be rolled into a Toyota Financial Services auto loan?



Can I roll the balance of a GMAC auto loan into a Toyota Financial Services auto loan?

Absolutely.. happens all the time. The Toyota dealer will pay off the GMAC loan and then secure the new amount financed through Toyota.



Can I roll the balance of a GMAC auto loan into a Toyota Financial Services auto loan?

The auto industry would grind to halt if we could not do this.



Can I roll the balance of a GMAC auto loan into a Toyota Financial Services auto loan?

cant have two liens on the same vehicle. but if you are trading in the gmac account yes it can be.

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