If you’re seeking ways to economize and lower your monthly expenses, a vehicle refinance or a trade-in are two possible moves that you should consider. John Harvey Toyota in Bossier City, LA is prepared to walk with you through both scenarios, and we’d love to help you choose a path that suits your unique situation.
Trading in and refinancing are both options that may lower the car payment that you make each month. Refinancing an auto that you already own simply allows you to pay off the same total amount over a longer period of time and is a great choice if you’re not looking to upgrade or downsize your vehicle.
Using your vehicle as a trade-in on another model makes sense if you’re seeking to change vehicles and you want the equity in your current vehicle to reduce the overall cost of your new automotive purchase.