In order to do this successfully it's going to greatly depend on the price of the vehicle you're looking to get into vs. the amount of equity you have in your current vehicle. Now the market right is strongly favoring pre-owned vehicle sales but it is quickly correcting. You'll have to do the math to get an idea on what your numbers look like, but if you currently have a payment and your vehicle is worth more than you owe then there's a high likelihood you'll be able to find a deal on a lease or newer pre-owned vehicle. You would simple roll a portion of the equity from your trade as the down payment toward the lease or purchase. As long as there is equity leftover, you'll be able to take a check, tax free, and get a lower monthly payment. Post questions in the comments 😁