Financing another car?

[buddy92]

Hi.

I have a 2009 FG XR6 and I have been thinking of trading it in and getting something along the lines of a FG2 or G6E.

I have had my car for about 1 year, I still owe $22,000 which is what I paid for the car. They will give me $18,000 trade in.

From my understanding I will still have $4,000 debt, but that will be put ontop of the new car I choose to finance?

Not sure if it will make it hard for me, but I defaulted on a few payments and owed $1000 at one stage due to a funeral having to be paid for, but paid the full $1000 back in 1 lump sum.

Is that possible? or am I thinking all wrong? Capital finance is who I am through.