The Debate: Should You Refinance or Trade-in Your Car

If you are like a majority of people in the country, you car is one of your most important assets. Indeed, it likely is second only to your residence. With that said, you may have reached a juncture at which you are debating whether or not you should refinance or trade-in your current automobile.

Through the refinancing process, you can glean some cash to be used for really any purpose you desire. This includes using the money from the refinance on a down payment on another vehicle.

On the other hand, if you chose to trade-in your existing vehicle, you are able to get a different automobile. You are limited in how the value of your existing vehicle is utilized, however.

If you have any questions about these issues, visit us at Route 15 Used Car Center. We are ready to answer all of your questions.

 

 

Categories: Used Inventory