Are you tired of your current car? Has it lost its new car smell? Are your loan payments too high? It doesn't matter why you want to get rid of your current vehicle; Steve Schmitt Auto Group has options for you in Troy, IL.
If you love your current car but hate your monthly payments, refinancing might be right for you. Refinancing allows for lower monthly loan payments by reducing your interest rate or increasing the length of your loan. Keep in mind that lenders rarely approve high-risk borrowers for refinanced loans, so refinancing isn't an option if you've already fallen behind on your payments.
Many drivers in Edwardsville, IL choose to trade in their vehicle instead of refinancing. You can swap your current model for a less expensive vehicle or use the money as a down payment towards a newer ride.