How to Trade-In My Car
Want to sell your car but don’t have the time? One of the easiest ways to purchase a used car from Kareem Auto Sales Inc is to trade one in. You may be wondering, “How do I trade-in my car?” With Kareem Auto Sales Inc, it’s simple! Below, you’ll find three headache-free steps to selling your trade-in car near Elk Grove.
Find Out How Much Your Car is Worth
Get Your Car Appraised
Sell Your Car
- CarMax doesn’t negotiate on their offers. Many dealers near Folsom are willing to negotiate on the price of cars to some degree.
- Are you upside down on your car loans? If so, a dealership will be more willing to work with you. CarMax will expect the difference between what’s owed on your auto loan and the car’s value.
Thinking about getting gap insurance for your next car? Consult our helpful guide to learn more about what gap insurance covers.
Can You Trade-in a Financed Car?
You actually can trade in a financed car, but you still have to pay off the loan. So, can you trade in a car you still owe on? Yes, but you have a couple of options. You can either pay off the loan entirely before trading in your vehicle or roll over the loan. Rolling over a loan means that you add the remaining loan balance amount on top of the amount of your new vehicle after the trade-in.
How Soon Can You Trade-in a Financed Car?
There really is no set time limit on when you can trade-in a financed car. You may want to speak to your loan provider to double-check and see if they have any specific rules and guidelines about how soon you can trade-in a financed car. For more about whether you can trade-in a financed car and other trade-in concerns, visit Kareem Auto Sales Inc.
Learn More About the Trade-In Process with Kareem Auto Sales Inc in Sacramento!
Do you have more questions about how to buy a car with a trade-in? Contact Kareem Auto Sales Inc to for additional information, or visit us near Rancho Cordova and Roklin. We’re available every day of the week! After we help you sell your current car, we’ll introduce you to our selection of under $10K and under $5K vehicles. And if you need any other advice on subjects ranging from Gap Insurance to vehicle repossession, feel free to ask! Also, be sure to talk about how to trade in a financed car.