
When you invested in your vehicle, you were in a place where you could afford that make and model you chose. Now that some time has gone by, you may realize that you're paying too much money each month. If the amount of your monthly payment isn't comfortable, you're extending your finances to an uncomfortable degree. Mercedes-Benz of Santa Fe has a couple of options that you can consider making owning a vehicle more affordable.
The process of refinancing your loan allows you to keep your current vehicle. You will sit down with our finance department to restructure your loan so that your monthly payment becomes lower. This process generally provides you with a lower interest rate while also extended the term of your loan to give you more time to pay.
You can also trade in your automobile if you simply can't afford what you have at the moment. We'll give you a fair trade-in value that can be used towards the purchase of a new vehicle that's more affordable.