There is a good chance that you have a car loan and are wondering if trading in your current vehicle is an option. Yes! You can legally trade in a financed car. However, keep in mind that the loan doesn’t go away even if you trade in your car. You have to pay the remaining balance. You can learn more about trading in a financed car with our finance department. Apart from that, you can also contact us to learn tips about car loans, interest rates, leasing a car, selling a car, and more in Neptune Beach.
Trading in a financed car is a process similar to trading in any other vehicle. However, there are a few key differences. Here is how you trade in a financed car for a lease instead.
Rolling over a loan is changing a current loan into a new one, usually at a lower interest rate. Depending on the interest rate, this may be a good move. A rollover is similar to refinancing. Rollovers are important because they can help you maximize savings as well as pay for your car at the same time. They are also a good way to trade in a financed car for a lease.
If you want to trade in a financed car and upgrade, check out our new vehicle specials in Jacksonville. We can help you with car buying tips to prepare for your next car purchase near St. Augustine. All you need to do is apply for financing online to get the funds you need to drive away with the vehicle you want.
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