Any moms have any advice or answers or experience about trading vehicles? We purchased a used new…

Any moms have any advice or answers or experience about trading vehicles? We purchased a used new car last April fits well for a 4 person family. Found out we got to get bigger vehicle could I trade it in? While we still owe We have $5,000 for emergencies in savings would that help us to trade it in too?? Unsure mom