Do you know the differences between refinancing your current vehicle and trading it in? Some people are simply unaware of which options exist for them. That is okay, but you need to try to educate yourself on which choices are truly present to you today.

Refinancing your vehicle means finding a lender who is willing to draw up a new car loan deal on the vehicle that you currently own. It is hard to do if the vehicle is underwater on payments already, but you can get some payment relief by going with this method.

Trading in the vehicle means that you can upgrade to something new today, but you will go deeper into debt on your vehicle. Many people do this, but just understand that you are going to take a hit on the value of your current vehicle. Stop by our dealership to learn more!

Categories: Social, New Inventory