If you’re ready to trade in your current car for a new vehicle but you still owe money on the auto loan, you may be wondering if you can trade in a financed car. At most dealerships, you don’t have to fully pay off your auto loan before getting a new car, but the loan doesn’t just go away. Find out more about trading in a car that still has a loan balance with your local authorized BMW finance center, and find out how to trade in a car in Pekin or Decatur.
Rolling over a loan means that the dealership will “pay off” the remainder of the loan amount on your existing vehicle, but the money owed doesn’t actually disappear. The old loan gets “rolled over” into the auto loan for your new vehicle, and it’ll be worked into your loan payment plan.
Are you ready to trade in a financed car for lease or for purchase in Normal? Before you take a test drive at BMW of Bloomington, be sure to check out our current new vehicle specials. We buy used cars here at BMW of Bloomington and you can get the best deal possible when you sell or trade in your vehicle at our dealership. You can also rely on BMW of Bloomington for more car buying tips, and when you’ve decided which vehicle you want, apply for financing online to get the process started!
The new BMW X3 is here and it’s ready to help you take on the Normal roads in pure comfort. While its exterior design is easy to look at, its interior is where thing really shine. With the latest interior technology and generous interior dimensions, the 2023 BMW X3 is made to allow you and…
The 2023 BMW X1 has been updated to ensure you’re getting an innovative and exciting vehicle to help you take on the Normal roads. Its exterior design is modern and sophisticated and its driving experience is something you won’t forget. However, what makes the new BMW X1 really special is its interior cabin. From the…
When you choose a new BMW, you’re getting a vehicle that’s designed to keep you comfortable and content during your Normal commute. The 2023 BMW X5 is no different than any other BMW and it remains as comfortable as ever in the cabin. It features generous interior dimensions so you and your passengers can stretch…
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(309)-661-2691
Call Now1604 Commerce Pkwy • Bloomington, IL 61704
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