Can You Trade In a Financed Car?

When it’s time to find your next new, used, or certified pre-owned vehicle, did you know that you can trade in your financed vehicle?

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.

 

How Does Trading In a Financed Car Work?

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.

2019 Acura RDX

 

What Does “Rolling Over” A Loan Mean?

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.

Visit Findlay Acura Today!

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.

More from Findlay Acura

  • 2020 Acura RDX Technology Package

      This luxurious and stylish new Acura RDX SUV can make head turns on those North Las Vegas streets. But, the Acura RDX Technology Package is what makes those daily Las Vegas travels so enjoyable, relaxing, and safe. The RDX technology package is packed with advanced features to meet your needs, read Findlay Acura ‘s guide to learn more. …

  • What’s Inside the 2020 Acura MDX Interior?

    The 2020 Acura MDX interior has exactly what families in Las Vegas are looking for to keep up with their busy schedule. This three-row SUV offers plenty of space for grocery trips, or for hauling around equipment for extracurricular activities. And, not to mention, plenty of relaxing and entertainment features to keep you recharged. See what standard features…

  • What Is the 2020 Acura RDX Towing Capacity?

    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…

Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact
Contact Us ×

(702) 982-4100

Call Now

315 Auto Mall Dr • Henderson, NV 89014

Get Directions

Today's Hours:

Open Today! Sales: 8am-7pm

Open Today! Service: 8am-2pm

Open Today! Parts: 8am-2pm

Findlay Acura

315 Auto Mall Dr Henderson, NV

Phone: (702) 982-4100

http://maps.google.com/?q=315%20AUTOMALL%20DR%20HENDERSON%2C%20Henders%2C%20NV%2089014

Parts

Phone: (702) 982-4160

315 Auto Mall Dr Henderson, NV

Sales

Phone: (702) 982-4100

315 Auto Mall Dr Henderson, NV

Mobile Sales

Phone: (702) 982-4100

315 Auto Mall Dr Henderson, NV

Service

Phone: (702) 982-4139

315 Auto Mall Dr Henderson, NV
36.0505081 -115.0259321
[schema type="organization" orgtype="LocalBusiness" url="www.findlayacura.com" name="Findlay Acura" description="" street="315 Auto Mall Dr" city="Henderson" state="NV" postalcode="89014" country="US" email="AMONTALVO@FINDLAYAUTO.COM" phone="(702) 982-4100" logo="https://di-uploads-development.dealerinspire.com/findlayacura/uploads/2018/03/FindlayAcuraOGImage.png"]
Findlay Acura
Findlay Acura
315 Auto Mall Dr
Henderson, NV, 89014 US
(702) 982-4100
https://di-uploads-development.dealerinspire.com/findlayacura/uploads/2018/03/FindlayAcuraOGImage.png
Findlay Acura 36.0505081, -115.0259321.