At some point, you may want to trade in your vehicle. You may desire a new car out of preference, or maybe you need a different vehicle to fit your changing lifestyle (new job, child, etc.). You may even need to replace your vehicle because you can no longer afford its astronomical monthly payments. Regardless of whether your vehicle has positive or negative equity, you can still trade it in. However, there are specific steps to ensure you get the most out of your trade-in.