Refinance or Trade In?

When you are in a position where your car payments are too much for you to handle, you have the option of refinancing your car or trading in your car for something that will give you payments that are within your current budget. There are positives and negatives to going either way.

If you refinance your vehicle, you may be able to get a better interest rate than you originally had. This will help reduce your payments. However, you may not be able to refinance an older vehicle. You also have the option of trading in. However, if you owe more on your car than the trade-in value, you will still have to get the difference paid off.

If you need to refinance your vehicle or trade your car in for something different, come to Jeff Smith Kia. The friendly staff will provide the assistance that you need to get the payments that you need.



Categories: Finance