Yes, you can trade in a financed car! At Hyundai of Hampton, we do our best to make trading in a financed car easy. How does trading in a financed car work? There are several ways to go about trading in a financed car, but all of them involve finding a way to pay off the loan on your old car. The finance department at Hyundai of Hampton can help! Learn more about your options when it comes to trading in a financed car today.
Suffolk drivers can follow these simple steps to get started on the process of trading in a financed car:
If you hear talk of “rolling over” a loan, it means that the dealership will pay off the old car loan and roll that amount into the new car loan. Essentially, the buyer pays the dealer back with interest for paying off the old car loan at the same time they pay the new car loan.
No matter how you’re planning to purchase your next vehicle, let the finance team at Hyundai of Hampton help! Check out our other car-buying tips for helpful guides to when to sell a used car and more.
So you’re considering selling your used car and getting a new one from Hyundai of Hampton. Great choice! But you might be wondering, “Is now a good time to sell a car?” or “Should I sell my car to a dealer or a private buyer?” Right now is actually a great time to sell your car,…
The new Hyundai Tucson has already been turning heads around Newport News. But just wait until you see the beautiful 2022 Hyundai Tucson interior. This SUV is just as beautiful on the inside as it is on the outside. That’s largely due to the soothing Hyundai Tucson interior colors and features. But there’s also plenty…
Bringing any new Hyundai model home to Hampton is an exciting treat. However, the upcoming 2022 Hyundai Santa Cruz truck may kick your enthusiasm into high gear! The new Hyundai Santa Cruz interior offers the comfort and space of an SUV, while the exterior delivers the flexibility that comes with an open truck bed. …
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