<prompt> Human: I admit I made a grave mistake taking a car loan for a 2006 impala ltz 150k miles. 9980 totalalthough I signed on the dotted line, the owner told me hed let me trade it in for a Honda when he gets one..In theory is it possible for me to trade the car in for something else on the lot of lesser value even though my loan just started? Its not what I expected it to be  <response>: If you buy a used car for dealer retail and then trade it in, youll get trade in value. Youll put yourself farther in the ditch financially. Just make this car last, if possible, and pay extra on the loan whenever possible. 