Can I trade in my car for a less expensive one to lower the payments?

Been making payments for two years and I want out without the hassle of a repo...What can I do?
Can I trade in my car for a less expensive one to lower the payments?
Find a dealer who will pay off your trade and allow you to drive off in a smaller car. Most dealers are able to do this, so its a matter of going out and finding the car you want at the dealer you want and then asking them if it can be done.
Can I trade in my car for a less expensive one to lower the payments?
There are a lot of variables,and here is a lot of good info:


http://moneyfor20s.about.com/od/gettingo...
Reply:Well it depends on the amount owed on your trade, if you can find a vehicle that will support the negative equity if there is any. bottom line is yes they can do it, it sounds like you are close to being in your current vehicle for long enough to possibly break even on your trade/ payoff balance.


To give you a more accurate answer I would need to know how long your loan was for, what the pay off is and the type of vehicle you are considering. a suggestion is this, you could find an economical car with a strong rebate and absorb a good portion if not all of the negative equity.
Reply:Try to sell it yourself. Then take the money and pay it off. Then get another car.
Reply:Most likely, it isn't going to work out that way. If you are in a negative equity situation, ie: you owe more than the car is worth, that has to be taken into consideration and can result in high payments for a less expensive vehicle.