When you want that new Chevrolet model for your Tri-Cities drives but you haven’t fully paid off the loan on your financed car yet, you may ask, “Can you trade-in a financed car?” Well, the answer is yes! You’ll still have to pay off the balance on your loan, but you can learn more about how trading in a financed car works from the Camp Chevrolet finance center. Contact us if you’re also wondering about how to trade in a financed car for a lease.
Any Spokane Valley-area resident can learn the answer to “how does trading in a financed car work?” All you need to do is follow these steps:
Now you know the answers to, “Can you trade in a financed car?” and “How does trading in a financed car work?” but, what does it mean to “roll over” a loan? Like we mentioned above, sometimes when you trade-in your financed car, that value won’t cover the full amount of what’s left on your loan.
Some Post Falls-area dealerships will allow you to “roll over” your loan. This means that they’ll add what remains of your previous loan to the loan for your next vehicle. If you trade in a financed car for a lease, it may work differently. Contact us to find out more.
Whether you’re looking for a new or used vehicle to drive around Spokane, Camp Chevrolet can help you finance your next vehicle. Check out our new vehicle specials and used vehicle specials to see what we offer. Then, apply for financing online to get started!
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