Choosing Between Refinancing vs. Trading in Your Car

The crew at Spradley Kia wanted our audience to be informed when making their next vehicle purchase. These are the differences between refinancing or trading in your vehicle.

When you consider refinancing, you'll enjoy that lower interest rate which means you get a lower car payment too. The only thing you'll need to consider is that this option doesn't make sense is the vehicle you are trading in has no resale value because it is too old.

Trading in your vehicle will give you the chance to get the car of your dreams for lower payments. The one thing to consider s that if you still owe a lot of money on your old car, those future payments are going to be added into your new payments. That could wind up costing you by way of more expensive payments.

There is no better time to finance your vehicle through Spradley Kia than today!



Categories: Finance