If you are one of the many Las Vegas customers considering this, you should be aware that the loan on your vehicle does not go away because you’ve traded it in and you will still have to pay off the balance. And, if you’re still making payments on a lease, be sure to double check with our finance center before you get the process started. Feel free to reach out if you have any questions or need more information on a lease payment, interest rates, and even the price of the car you’re trying to trade in.
North Las Vegas drivers may be wondering: “How does trading in a financed car work?” Well, if the remaining amount of the loan you have yet to pay is less than the worth of the vehicle, the dealer buying your vehicle can then give you enough to pay the rest of the loan off. So say you owe $7,000 on your car, and the dealer offers you $8,000 for it. This loan can then be paid off and the car transferred to the dealership buying the car and the remaining $1,000 will be taken off the price of the new vehicle you purchase.
Drivers interested in trading in a financed car may also come across a rolling over option. This is when a dealership says they will pay off your old loan no matter how much you owe. While this may seem like a great deal, customers should be aware that the price gets added to your new loan on the next car you buy, meaning you pay the dealership back for paying your loan as you pay your current loan on your new vehicle.
If you’re ready to trade in your financed vehicle for a new lease, then be sure to contact us to speak with a dedicated member of our finance department near Mesquite to get the process started! We can also answer any questions you may have about liability insurance coverage or used car leasing.
Las Vegas and North Las Vegas drivers looking for a luxury SUV that doesn’t skimp on power will surely be impressed with the 2020 Acura RDX towing capacity. Along with an outstanding range of performance and safety features, the RDX is built to take on any job thrown its way. Learn more about the RDX towing capacity with…
If you’re looking for a luxury sedan that has it all, look no further than the Acura RDX. While you’ll surely have the performance and safety features you expect from a luxury SUV like this, you’ll even have plenty of room with the 2020 Acura RDX cargo space. But that’s just the beginning. Step inside…
Many Las Vegas-area drivers are interested in luxury SUVs for their impressive performance, spacious dimensions, and sophisticated features. Because of this, it’s no surprise that the 2020 Acura MDX is so popular with drivers in the North Las Vegas area. It’s available with front-wheel drive, super handling all-wheel drive (SH-AWD), and Sport Hybrid SH-AWD®, which can vary based…
You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
(702) 982-4100
Call Now315 Auto Mall Dr • Henderson, NV 89014
Get DirectionsOpen Today! Sales: 8am-9pm
Open Today! Service: 7am-6pm
Open Today! Parts: 7am-6pm
Phone: (702) 982-4100
http://maps.google.com/?q=315%20AUTOMALL%20DR%20HENDERSON%2C%20Henders%2C%20NV%2089014
