Can You Trade In Two Cars For One?

Can you trade in two cars for one? Or rather, can I trade in two cars for one around North Canton? The answer is generally yes. Most dealerships around the Canton and Hudson area are happy to get more cars to add to their pre-owned inventory, and they’re willing to take your vehicles even if you don’t upgrade. However, some factors could complicate your trade-in situation. Serra Mazda is here to walk you through the answer to “Can you trade two cars for one?”

Can You Trade Two Cars For One Brand New Car?

Can you trade two cars for one brand-new model at a dealership? Most dealerships are ready and willing to accept a multiple-car trade-in situation. If you’re willing to unload both vehicles, both parties can benefit from the situation.

• When you trade two cars, you’ll double the money you receive. That means you can get more cars for the money – more space, better technology, and premium features.
• The dealership also benefits from the arrangement because you bring more inventory.
• Because used cars are in high demand, dealerships are paying top dollar for trade-ins – which means both dealership and customer get great deals!

Can You Trade Two Cars For One with Negative Equity?

Can I trade in two cars for one with positive equity? Absolutely. But can I trade in two cars for one with negative equity? This is where things get a little more complicated. Here are some things to keep in mind:

• If you’re still paying off the loan and you owe more than the vehicle is worth, this is called negative equity or being upside down on the loan.
• If you trade in only one car with negative equity, you must pay off the balance immediately or roll the balance into your new loan. That means paying the old loan and new loan at the same time.
• If you trade two cars and one is paid off, you can use the trade-in money to pay off the first car’s balance. This can help you get back into positive equity.

Get Expert Finance Advice at Serra Mazda

So, can you trade in two cars for one? The answer is yes, and the team at Serra Mazda is here to help you make the trade in Akron! Contact us with any questions, or get started at our dealership today. You can also Value Your Trade or apply for financing in advance.