Can You Trade in Two Cars for One?

Happy driver in his newly purchased car

 

Trading in a vehicle is a great way to save money on a new vehicle. A lot of Farragut drivers with bad credit utilize trade ins to lower their monthly payments as well as possibly leverage a larger down payment to negotiate a lower interest rate. A lot of families are trying to get rid of used vehicles that they have maintained to get the vehicles of their dreams. This leads them to ask the question, “Can you trade in two cars for one?” Luckily, the finance team at Ole Ben Franklin Motors in Knoxville has provided a simple guide that shows you the best way to trade in two cars for one. Follow the guide below to help you during the car buying process. 

Learn MoreContact Us

Can You Trade in Two Cars for a New Car? 

Sevierville shoppers looking to get the best deal possible are asking themselves, “Can you trade in two cars for a new car?” The answer to this question is usually yes. Most dealerships don’t have a company policy that strictly prohibits this. Dealerships, for the most part, would like to get as many drivers in their cars as possible and try to have consumer friendly policies that will help shoppers save money and get the best deal. Here are some pro tips to know before you start the car buying process. 

  • Explore options. Obtain appraisals from different dealerships in order to get the best possible value of your vehicle.
  • Know Your Equity. The trade in estimate and what you actually owe on your vehicle might be negative. If one or both of your vehicles are financed, this is vital to know whether or not it is worth the trouble to trade in.

Drivers asking themselves, “Can you trade in two cars for a new car,” should also take advantage of pre-approval, which gives them leverage during financing and looking for the best deals. 

Explore the Inventory at Ole Ben Franklin Motors in Knoxville

Now that we have answered the question, “Can you trade in two cars for a new car,” visit our dealership near Seymour to find the car of your dreams. Our finance specialists will help you get the best deal possible!

More from Ole Ben Franklin Motors

  • Are Extended Car Warranties Worth It?

    A lot of people talk about getting an extended car warranty after the original factory warranty expires. Some may be wondering what an extended warranty entails and whether the cost is worth it. There are also many misconceptions about what an extended warranty can cover, and if an extended warranty is worth having if it…

    Read More

  • Financing a Car With Bad Credit in Knoxville, TN

    You’ve probably been warned about trying to finance a vehicle if your credit is not stellar. Perhaps you’ve been told your credit score will make or break financing decisions. You may find challenges in obtaining financing, and typically may be faced with options having higher interest rates. At times, you may feel like your options…

    Read More

  • Moonroof vs Sunroof in Knoxville, TN

    When shopping for a new or used vehicle, you may notice that the features may include a sunroof or a moonroof. While some may use the terms interchangeably, believing that there is no clear distinction between the two, there are some key differences in both the moonroof and the sunroof that make them separate features….

    Read More

Ole Ben Franklin Motors 36.002422, -84.247453.