Can you trade in a financed car in Columbia? Yes. But, there are a few things to keep in mind when trading in a financed car. Most notably, you’ll still need to pay off the balance. Learn how trading in a financed car works, and explore your options with the finance team at Honda of Columbia!
When you trade in a financed car for lease or loan in Irmo, you’ll need to do a little research ahead of time for the best results.
“Rolling over” the loan means you let the dealership pay off your remaining loan balance. Does this mean you’re off the hook on the old balance? No. The amount simply gets added to your new car loan balance. This means you’ll pay off the old loan and the new loan at the same time.
Now you know the basics of how trading in a financed car works, but if you still have questions, Honda of Columbia is here to help. Contact us to see how trading in a financed car can benefit you, and stop by Lexington for more car buying tips. We’re only a short trip from West Columbia, so don’t hesitate to reach out!
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