Is it better to trade a car with negative equity or turn it in?

Deciding whether to trade a car with negative equity or turn it in depends on your financial situation and goals. Trading it in might allow you to roll the negative equity into a new loan, but this can lead to higher monthly payments and more debt. Turning it in, especially if it's under a lease, could help you avoid further financial strain, but you may still need to cover the negative equity. Assessing your long-term financial implications is crucial before making a choice.