You may also avail finance against your existing car
Avail this loan by pledging your existing car which is free from any loan / hypothecation.

Take over of your existing car loan and generate cash* It’s a loan take over from the bank where the foreclosure amount is lesser than what actually funds on the asset. That’s how you generate cash and you can get more than 160% finance.*  

APEX loan against existing car allows cash generation by taking over your existing loan or giving loan against your lien free car.