Have a Trade-in?

Welcome to Motor City's Finance Center

 

Here you will find answers to your questions regarding trading your current vehicle in. Read brief descriptions of our blog articles relating to all aspects of the trade in process, and click to read more. If you have any questions that are not answered here please do not hesitate to call us at 603-692-8700. We hope you find the answers you are looking for.

How do I get an auto loan if I owe more than my car is worth?

An unfortunate reality of financing a car is the possibility you will owe more than your vehicle is actually worth. The most common causes of what is referred to in the car business as "being upside down" are financing a vehicle with excessively high mileage, taking out a very long term loan, and having a high interest rate on the loan. Another very easy way to become upside down on an auto loan is to take out a zero money down loan.

How do I get more for my trade?

The reasons for needing a higher trade value than you may have already been offered are as broadly ranging as they are important. Whether you owe more than you have been offered on your trade, you have specific budget constraints or you simply believe your trade value should be more than you have been offered, the trade appraisal process can be stressful. My experience tells me the market is usually fairly accurate in revealing what a trade is truly worth, but there are some small details you can make sure are covered before visiting the next dealer to make sure you increase your trade value.

How to get my trade value? 4 things to consider when trading your car

A large part of any transaction with a car dealer is the trade appraisal. Your trade value determines what your monthly payment will be, how much money you may need to put down and the initial equity you will have in the vehicle you are purchasing. While you may have an idea of what your car is worth, it is important to understand the dealer will be valuing your car based on what they will be able to turn around and sell it for. This is definitely not to say you should accept a low-ball trade appraisal and there are a few important aspects of the trade appraisal process you should understand before you go to the dealer.

Bad Credit Auto Loans: When can I refinance my car?

This is a very common question asked by customers who are either in the process of taking out a bad credit auto loan, or have already taken out a bad credit auto loan. Here we answer your questions about when you might be able to refinance your car, and when it would make sense.

Contact

Motor City Rochester

154 Farmington Rd
Directions Rochester, NH 03867

  • Sales: (888) 634-1190
  • Service: (603) 692-8700
  • Parts: (603) 692-8700

Hours

  • Monday 9:00AM - 7:00PM
  • Tuesday 9:00AM - 7:00PM
  • Wednesday 9:00AM - 7:00PM
  • Thursday 9:00AM - 7:00PM
  • Friday 9:00AM - 6:00PM
  • Saturday 9:00AM - 5:00PM
  • Sunday Closed