Trading in or refinancing your current vehicle is a big decision, but certain factors in the buying equation could make it easier.

If your car is not in good mechanical condition, then that would serve better as a trade in. It may not have a high value towards the purchase of a new or pre-owned vehicle, but it will give you something. On the other hand, if the terms of your original loan are not great, it is worth your while to refinance it to get a better interest rate. This is particularly true if your credit score has improved since the original purchase of the vehicle.

Getting a lower interest rate will obviously lower your payments. And, Gates Hyundai's team of finance specialists can help make that happen. They have helped many happy customers in Richmond get better interest rates and will work hard on your behalf to do the same.

 

Categories: Finance