Refinance your vehicle or trade it in? What should you do? These are the types of questions that you have to honestly ask yourself. After all, there are options available to you, and the best thing to do is check out the full slate of those options and see which makes sense.

Trading in is easy and can be done today. There are plenty of dealerships that are more than happy to work with you on a trade-in. You won’t really get what the vehicle is worth by doing it this way. It is just the nature of the business that you will lose out when you trade-in your vehicle, but it is easy to do.

Refinancing means you stay in the same vehicle that you have now, but at least you have a chance to get a better interest rate or deal on it. That could be huge for you.

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