What should I do if I want to trade my financed vehicle?

If you are considering trading in your financed vehicle, there are several important steps to follow to ensure a smooth process. First, it is advisable to determine the current value of your vehicle. This can be done by researching the market value through online resources that provide valuations based on factors such as the car's make, model, year, condition, and mileage. Knowing the trade-in value will help you understand how much equity you may have in the vehicle. Next, you will need to check your financing details with Chase Auto Finance. This includes the remaining balance on your loan and any potential payoff amount, which may differ from the balance stated in your latest statement. Once you have this information, you can compare it to the trade-in value you have established. If the trade-in value is higher than what you owe, you may have equity that can be applied toward your next vehicle purchase. If not, you will need to consider how to cover the remaining balance. Finally, visit a dealership to discuss your options. They will typically guide you through the trade-in process and help facilitate the transition. For more detailed guidance or specific questions regarding your account, it may be useful to refer to the official Chase Auto Finance website for the most accurate information.