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Trade In Your Car or Refinance?

At Ray Laks Honda we understand financial decisions concerning vehicles. We want our clients and the community of Orchard Park to have a good understanding of the different financial options they have. If you own a vehicle and want a change in your loan or a new car, you can either trade it in or refinance.

Trading in a vehicle is a clever idea if you want a new car and refinancing your current vehicle isn't best or desired. Trading it in means that you can use the value of the car as your down payment. If you still…
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