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If you’ve explored refinancing your current loan, but the savings won’t provide you with the financial relief you need, it might make sense to trade in the car to purchase something more ...
Or you can trade your financed vehicle in at the dealership where you also want to buy a car, and either pay off the loan before you go or roll the balance in the loan you use to finance your new car.
With a trade-in, you simply bring your vehicle to a dealership and drive away with a different car. Plus, the money you get for the trade-in can be put towards the purchase of your next car.
Lauren Fix, sector analyst and industry expert at The Car Coach and Car Smarts Brands, explained some ways to get the most value out of your car when trading it in. Assess the Value
Car loan interest rates are constantly fluctuating. If rates have come down since you took out the loan, you may want to consider refinancing, which could help you pay less money over time.
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Before settling for a loan through a buy here, pay here dealer, research alternatives. Buying a car with bad credit — a credit score between 300 and 579 — is possible, but it may be more ...
For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...