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Does My Acura Have Equity?

Emily Coffer, Product Specialist, Smail Acura


Phone Number:Sales Hours:
  • Mon - Tue, Thu9:00 AM - 8:00 PM
  • Wed, Fri - Sat9:00 AM - 5:00 PM
  • SunClosed

Phone Number:Service Hours:
  • Mon - Fri7:00 AM - 5:00 PM
  • Sat8:00 AM - 4:00 PM
  • SunClosed

Phone Number:Parts Hours:
  • Mon - Fri7:00 AM - 5:00 PM
  • Sat8:00 AM - 4:00 PM
  • SunClosed

Finance Center
Value Your Trade
Payment Calculator

Do you have equity in your vehicle and you’re not sure what to do with it?

3 Things You Can Do With Equity

One

Keep your vehicle – you can keep your vehicle and not have a car payment

Two

Trade in your vehicle – you can get tax advantage when trading your vehicle in. What you do is take the sale price of the vehicle you’re looking at and subtract your trade-in value. Then the taxes will be based on the difference, instead of the full sale price. This lowers the overall sale price, the financed amount, and your monthly payment.

Three

Use equity as payment – dealer can write you a check for your trade-in value, and you can use a portion of it for a down payment, or use it all for whatever you want.

The most important thing to remember is your vehicle is worth the most it will ever be today because vehicles depreciate over time. So, you want to take advantage of that and get the most money you can out of your vehicle. More time and more mileage will result in less value.

Value Your Trade

Smail Acura is located at: 5035 US-30 • Greensburg, PA 15601
Smail Acura 40.299579, -79.485841.