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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?

Absolutely.. happens all the time. The Toyota dealer will pay off the GMAC loan and then secure the new amount financed through Toyota. Source(s): in the business
The auto industry would grind to halt if we could not do this.
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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