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So, can you trade in a financed car? The answer is yes! It is possible to trade in a financed car, however, just remember that the loan on your vehicle isn’t taken care of by trading in the car. You are still responsible for the balance. Learn more about your options for trading in a car that still has a loan balance with Sterling Acura of Austin. Our finance team would also be glad to answer any questions about financing a car with no credit as well as car loans and interest rates, selling a car, leasing a car, credit scores, and more.
If you’re wondering how does a car trade-in work for a financed vehicle? See how Sterling Acura of Austin can take care of you below:
Rolling over a loan is when a dealership says they will pay off your old loan no matter how much you owe. However, this is too good to be true. What actually happens is that what’s left on the old loan is added to the price of the car that you are buying. This way, you are paying the dealership back for the previous loan as you are making payments on the car you just bought.
If you plan to trade in a financed car for lease or are looking to purchase a brand new car, remember to take a look at our new vehicle specials in Austin. You can even learn more about guaranteed car financing. Your dream car could be more affordable than you may think. Contact us with any questions or to set up a test drive.
Before you seal the deal on your next luxury SUV, you want to be sure you’re equipped with top safety features and capabilities for your Kyle travels, and that’s why you’re sure to appreciate the new 2022 Acura RDX safety ratings. With top marks from some of the automotive industry’s most trusted safety organizations…
If you’re in need of a luxury SUV to get around Kyle and Buda, nothing delivers an experience like any of the new 2022 Acura RDX trims. With a range of packages that produce thrilling specs and exclusive cabin features and amenities, you’re sure to find the right match with any model. Learn more about…
Before you bring home a new high-end sedan around Kyle, the best part is finding it in a style you’ll love for years to come, and that’s just what you can expect from the new 2022 Acura ILX colors. Make your choice of a great offering of exterior colors and complementary interior hues that provide…
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(512) 691-3800
Call Now4801 S IH 35 Frontage Rd • Austin, TX 78744
Get DirectionsOpen Today! Sales: 9am-8pm
Open Today! Service: 7am-6pm
Open Today! Parts: 7am-6pm