Did you know there’s an easier way to get into a new car if you want to trade in your vehicle? You don’t have to refinance unless you really want to keep your car. If you have a vehicle with high car payments equaling 40 to 50% of your monthly budget, then it may be time to refinance or trade in your vehicle.
However, refinancing doesn’t always work. Your interest rate may be lowered after a certain period, but you’ll likely spend less time and money by choosing a new car and trading in your vehicle.
Car trade-ins can apply thousands of dollars in previous payments to a new car’s balance, reducing your car payments or almost paying for the car completely if you’re looking for something new and more efficient. See all of the options at Ruxer Truck Center located in Jasper.