I have a 2002 Ford Explorer with about 75,000 miles on it and I owe $9,000 and it is only worth about $3500 trade in value. Can I buy a new car with that much debt owed on it? Are there any incentives or grants that I can apply for to help me buy a new car without taking a $5000 loss on it. I live in Lancaster county PA. Thank you.
what is the problem of your ford explorer it is a nice car with just 75000 mi .it will last at least for another 75000 mi.