Skaha Ford's Exclusive Easy Deal
Perhaps you’ve outgrown your sedan and need something larger for your family, or your new job requires the use of a truck. If you’re looking to trade in your vehicle but still owe money against the loan, you might be wondering what your options are if it’s not paid off. If so, our Easy Deal program at Skaha Ford in BC is here to help.The first step is determining how much equity is in your vehicle. Equity is the difference between your car’s current value and the amount you owe.
The best-case scenario is that your vehicle is worth more than you owe. This is called positive equity. When you trade-in your current model, we can apply that equity towards purchasing a new car or truck.
If you are a first-time borrower or working on rebuilding your credit score, having access to trade-in value reduces the amount you need to finance, increasing your chances of an approval and reducing your lending costs.
Are you interested to know your car’s value and whether you can trade it in for a new ride? Check out our Easy Deal program, which offers free online credit approvals to simplify your car buying experience. Contact our team at Skaha Ford in BC to learn more!
