Can You Trade in a Financed Car?

The answer to the question you see up above, Larchmont, would have to be “yes!” However, there’s a couple things you should know if you’re planning on trading in a financed car for a lease or doing something else with your car. Thankfully, if you’re looking for a place to get top dollar for your trade, we’re the place to turn to. We’ve got a handy value your trade tool and we’d love to have you on our lot to discuss your options.

Trading in Facts

How soon can you trade in a financed car? Really, you can trade it in as soon as you like. You should know, however, that Mamaroneck drivers might not get enough money to cover their full outstanding balance on their loan. However, if this is the case for you, you’ll be able to roll over your loan onto a new one thanks to the convenient finance team at Mercedes-Benz of New Rochelle.

Can you trade in a financed car for a lease? You certainly can. However, you should know that like before, you’re responsible for any outstanding balance on your loan, so we advise against trading in a financed car for a lease if you’re underwater on your loan.

Can you trade in your financed car for another car? That’s another option Bronxville drivers can take. We’ve got a great selection of cars on our lot and we’d be more than happy to show you around. See something you like? We can help you get it!

Find Your Perfect Car with Mercedes-Benz of New Rochelle

Now that you know how to trade in a financed car, it’s time to come on over to our lot and see what a new or new to you car could be like in your life. We’ve got a bunch on our lot and if you’re looking for something specific in a new car, we can help you order it. Contact us today to for answers to more finance questions like “What is a good interest rate for a car loan?“.