Should I Refinance or Trade In My Car?

You are your own best advocate when it comes to protecting your finances. It might make excellent financial sense to refinance your car loan at this time. If you meet certain conditions, you might be able to save yourself some money each month with lower payments.

Repaying your loan may have elevated your credit level since you first took out your loan. If it has, you may be able to qualify for a lower interest rate, which could save you plenty of money each month in a lower payment. If this isn't the case for you, trading in your current vehicle for a less expensive model will also allow you to lower your monthly payments.

Let us help you make a decision about refinancing at Duncan Acura. Our loan specialists can sit down with you to calculate rates and come up with a payment plan that suits your budget.

 

 

Categories: Finance