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Many of our Roseville area customers wonder: “Can you trade in a financed car?” The answer? Yes, you can! It’s entirely possible to trade in a financed car, but just because you do, that doesn’t automatically wipe out your car loan. So, how does trading in a financed car work? Whether you trade-in a financed car for lease or you buy a new vehicle, the process is similar. Learn more below with Sacramento Chrysler Dodge Jeep Ram, and know that if you have any questions at any time, you’re always welcome to contact us.
Rolling over a loan is what happens when a dealership offers to pay off your old loan no matter how much you currently owe. Usually, what happens, is that if a dealer pays off your loan, it rolls those costs over into the new loan, meaning you’re essentially paying back the same amount either way. Accordingly, it’s always more financially prudent to have your car fully paid off before trading in your car. That said, if trading in is a must, it’s entirely possible to do, and the choice is, of course, yours.
Ready to step into a new vehicle, regardless of whether or not your current car is paid off? Sacramento Chrysler Dodge Jeep Ram can help. Rely on our finance center for all your questions about how auto financing works. And don’t hesitate to give us a call for any reason!
If you’re looking for a family-friendly, affordable, stylish, and fuel-efficient minivan around Sacramento, check out the 2021 Chrysler Pacifica Hybrid. The 2021 Chrysler Pacifica Hybrid is the more fuel-efficient version of the popular Pacifica minivan. This Chrysler hybrid minivan is all the buzz around Sacramento for good reason! Learn more about the 2021 Chrysler…
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The Jeep Wrangler has set the standard for thrilling off-road capabilities for 80 years – with no other vehicles in its class able to show the same evolution. The Wrangler has created an impeccable reputation for high-class features, impressive engine power, and standard features that outshine the competition. Learn all about the new Jeep…