I got a question about trading in my car?

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ok so im 19 and i drive an 05 jetta. my dad got it for me and its under his name. he doesnt want me to pay for it so hes doing the payments. thats fine until it comes down to moving out. he dont want me too and he holds the car against me. i cant take the car cus its under his name.. so i thought of getting my own car but it would leave him with a car no one would use and sit in the garage.

i figured maybe we could trade it in,(id be under like 5000$) and get another car in my name.. is that possible??

he said i could get a loan on this car i have but honestly i dont want it.. i rather have something faster and nicer. any advise?

I got a question about trading in my car?

How much $$ do you still owe on the Jetta??? Chances are you probably owe more than what the car is really worth. If so then it's pointless for you to trade it in because you will end up losing more money. And since you are only 19 and probably have little or no credit history, it will be hard for you to take out a loan on your own, so your dad will mostly likely need to co-sign for you. Just be happy that you actually have a car.

I got a question about trading in my car?

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