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x1557 Bald Hill Road, Warwick, RI, 02886
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Dealership Info
- Main:(877) 361-2955
- Sales:(877) 622-9486
- Service:(877) 622-9538
- Parts:(877) 622-9544
- Mon - Fri10:00 AM - 6:00 PM
- Sat9:00 AM - 5:00 PM
- SunClosed
- Mon - Fri7:30 AM - 5:00 PM
(Closed on Saturdays until further notice.) - Sat - SunClosed
- Mon - Fri7:30 AM - 5:00 PM
(Closed on Saturdays until further notice.) - Sat - SunClosed
Can You Trade in a Financed Car?
Can you trade in a financed car? The answer is yes! However, if the loan on your current vehicle is not completely paid off, you’ll have to pay off the balance — the loan doesn’t just disappear. If you’re making payments on your vehicle right now, read on to learn how to go about the trade-in process from the team at Mercedes-Benz of Warwick. Then, contact our finance department with questions about lease payments, rates, and prospective vehicle prices!
How Does Trading In a Financed Car Work?
What Does “Rolling Over” a Loan Mean?
Rolling over a loan is when the dealer says that they’ll pay your old loan off regardless of how much is left to pay. Again, however, this does not mean that the amount owed just disappears. The amount owed from your old loan will get added to the new loan on the next car you purchase. So, you’ll be paying the amount owed on your old loan when you pay your new loan on your new car.
Visit Mercedes-Benz of Warwick Today!
Interested in trading in your current vehicle? After using our easy-to-use online car payment calculator, value your trade at our dealership! Additionally, if you have any questions, don’t hesitate to contact us!
Learn More at Mercedes-Benz of Warwick
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(877) 361-2955
Call Now1557 Bald Hill Road • Warwick, RI 02886
Get DirectionsToday's Hours:
Open Today! Sales: 9am-5pm
Service: Closed
Parts: Closed
Mercedes-Benz of Warwick
Phone: (877) 361-2955
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