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Paying off vehicle right before trading it in...

TreedHusker

Junior
Dec 1, 2014
1,731
4,049
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About to buy a new truck this afternoon. I still owe $2k on my current vehicle and can pay it off right now w/ no issues. My question is, does it matter if I trade in a fully paid vehicle vs trading in the vehicle and paying an extra $2k down payment? I'm just curious if one would be more beneficial than the other... Thanks in advance!
 
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