Jeep® financing may feel overwhelming, but with a few simple steps, you can save money and drive home in a vehicle you really love. One of the best ways to reduce your costs is by trading in your current vehicle when you buy the next great model. Learn how trading in can affect the financing process, and get started at Fields Chrysler Jeep Dodge RAM Glenview today.
You’ll Save On the Down Payment
When you trade in a vehicle, the value of the current model goes toward the next car. That means you’ll have a lower down payment, if you have one at all. Since you won’t need as much time to save up for your down payment, you can pick out your next adventure-ready Jeep SUV without the wait.
You’ll Have Fewer Accrued Interest Costs
The more money you can put down as a down payment, the smaller your monthly payments will be. When you trade in, the added value of your previous vehicle can help to reduce your monthly payments, allowing you to pay your car off more quickly. Over time, you’ll also pay less in accrued interest costs, as well.
You’ll Have Smaller Sales Tax
Another great way to save with trade-ins is on the sales tax. In most cases, the sales tax on the new vehicle is calculated after the trade-in value has been deducted, which means a smaller percentage. Those savings can add up, and you’ll have more vehicles available within your budget.
Finance a New Jeep Vehicle in Glenview, IL, Near Chicago
These are just a few of the benefits of trading in a vehicle. Fields Chrysler Jeep Dodge RAM Glenview is here to help. Visit our dealership for the support you deserve throughout the Jeep financing and take a test drive today!