Trade in your car online or over the phone today!
We make the car leasing process easier on you. Get a quote on your car in minutes. Fill out our online car trade-in quote form, or contact a local D&M Leasing representative today!
3 reasons why you’ll get more value out of your trade-in vehicle at D&M:
UNIQUE TRADE PROCESS
The top value of your vehicle is considered in every lease scenario relevant to your needs. The huge volume of lease trades and lease returns at D&M mean we can give our clients the best car trade-in deals. Since we have all makes/models and customize your lease to meet your unique needs, your trade-in is considered in the deal from the very start, saving you time and money.
D&M Leasing offers qualified EZ Leases, allowing you to trade in your current vehicle, dispose of negative equity, and receive the lowest possible payment over the shortest possible time. Painless, simple, and all done over the phone.
ONE POINT OF CONTACT
You deal with one professional with a robust support team all focused on helping you make the best decision on a new vehicle. Find the best car lease deal on our most popular vehicles and trade in your car, all in one place.
Our priority is creating the easiest auto-leasing process for our customers to make D&M Leasing the best place to trade in your car. Once you’ve made your decision, we deliver your new lease vehicle directly to you and complete the documents easily online. Find out more by filling out our online quote form today!
HOW DO I START A TRADE-IN?
Appraising your vehicle virtually is the easy part. Your D&M agent will obtain all of the pertinent information on your current vehicle enabling our industry experts to offer you top dollar. This is all done at your convenience over the phone.
POSITIVE VERSUS NEGATIVE EQUITY
With positive equity, your trade-in vehicle is worth more than the amount still owed on your loan. This allows you to apply the positive equity to your next vehicle lease or purchase as a down payment, reducing the amount you have to finance.
Conversely, negative equity is when your current car, truck, or SUV is worth less than what you still owe on the loan, also commonly known as being “upside-down.” In this situation, the difference between the trade value and payoff amount remains, and you’re responsible for paying the difference.
CAN I TRADE-IN A CAR WITH NEGATIVE EQUITY?
Yes! New vehicle transaction prices have risen over 50% in the last 10 years, far outpacing income growth. In order to keep car payments low, traditional financing companies have offered terms that mirror a home mortgage. The financial result for many people that sign long-term finance contracts is negative equity, so many of our new clients trade their vehicles in with negative equity. The good news is that there is no better place to retire negative equity than in a lease: this is what we specialize in! Visit our negative equity trade-ins page for more info.