Should Your Refinance or Trade Your Vehicle?

If you are stuck with car payments that are too high for your budget, you may consider refinancing or trading your car for a more affordable one. At Castle Hills Motors in Lewisville, it is important to us that you are informed about what each option has to offer, which is why we invite you to read further to learn which is better for your situation.

If you decide to refinance your vehicle, you will have lower monthly payments and interest rates. However, you may not be able to refinance your vehicle if it is too old. If you decide to trade your vehicle for a more affordable one, you will also have lower payments and rates, but if you still owe money on your loan, your remaining loan payments will be rolled into your future payments.

Be sure to visit our showroom to find out about our finance options. Our team is ready to provide you with service.



Categories: Finance