<prompt> Human: So Im in the position to pay off my current car loan and then trade that car in for something better suited for my family sports car vs. minivan. The sales guy at the dealer said it would look better to the banks if you did that through us, meaning trade in the car, give the dealer the pay off amount and let them handle it. Is that right? Would that look better to the banks for financing purposes? I dont see how it would and thought it was fishy. Please help. Thanks.  <response>: Did you just immediately run out the door when the salesperson suggested this? Or did you let him explain what he meant by you doing this?Why dont you ask your salesperson to do 2 different quotes for you?1. A quote if you pay the car off and THEN trade it in.2. A quote if you trade it in and put the payoff amount down toward the new car.Then let me know what the bottom line is and well all have a good laugh about how all these snide remarks toward car salesmen were unnecessary and this wasnt a scam to make more money off of you.Hint: The bottom line will be the same on both quotes.Just because you dont understand something doesnt make it wrong. If youd like to wait a few weeks on the title to show up after you pay it off then thats totally your prerogative. Its your time that youre wasting if you do that. None of us get an Internet commission for your car deal by telling you to just trade it in and put the payoff amount down toward the next car. 