Yes, trading in a financed car is absolutely an option! However, you’ll still be responsible for paying off the balance. So, how does trading in a financed car work? The finance team at Sutton Ford has all the details below. Read on to learn more, then contact us when you’re ready to trade in a financed car for a lease in Matteson!
Trading in a financed car is a fairly straightforward process when you partner with the right dealership. How does trading in a financed car work at Sutton Ford? Here is what you’ll need to do:
– Here’s an example: if your loan balance is $6,000 and your trade-in offer is $8,000, you can put the remaining $2,000 toward the down payment of your next vehicle purchase.
Can you trade in a financed car? Yes! Trading in a financed car is a simple and stress-free process at Sutton Ford. Contact our office today or stop by our Matteson finance center to get started. We’re conveniently located near New Lenox and Hammond and will be happy to answer any questions you may have.
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