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Nothing should stop you when you find a car you love. While you can trade in a financed car, remember that you’re loan balance doesn’t go away. Learn more about trading in a financed car that still has a balance with your Griffin-area finance center. Contact our team at Volume Chevrolet, so we can answer your questions about car loans, interest rates, selling a car, credit scores, and more!
Whether you have your eye on a new model or you’re making space in your driveway in McDonough, trading in a financed car for lease is relatively straightforward. So, how does trading in a financed car for lease work?
“Can you trade in a financed car with a balance?” If there’s an amount remaining, the dealership will pay off your loan, no matter how much you owe. However, that doesn’t mean that amount goes away. The price simply gets added to the new loan of the next car you buy, so you’re paying the old and new loan at the same time.
Now that you have a better idea of how trading in a financed car works in Forsyth, browse our inventory for a Chevrolet that fits your style. If you have any financing questions, explore our other car buying tips and reach out to our finance center to discuss your financing options.
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