balance went up is because you rolled the old car loan into it.
When you trade a car in that still has a balance, any remaining balance gets rolled into the new loan. So, it’s likely you became upside down on your initial loan, which means your car was worth less than what you owed on the original loan. Thus, you’ll see an increase in the balance with the trade-in.
To offset this increase, you can save money by shopping around for car insurance. With the
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