I just financed a car through Santander Consumer USA- a 2005 mustang
convertible. They said that aftter 6 months, I could refinance and get a new one.
Are they known to give deals--- lets say, they place the money that I have paid towards the 2005, and switch it to a new one... Instead of starting all over, and putting down another down payment.
What are your experiences with this-- whether it be this company, or another?
Also, what if I would like to trade out my $16,000 car for one of the same value, or less? (Want a tiny convertible.... like a miata.)