What's the catch of a car trade-in?
October 12, 2021 11:07 AM Subscribe
I have a 2019 Crosstrek that I'm financing and am pretty happy with. The dealership just sent me an offer for a 2021, trading in my 2019, for a significantly lower monthly payment. There's obviously more to investigate and calc here (loan duration resets to 0, were there add-ons for my current car that aren't in the trade-in, actual offer after credit check, etc) but I'm wondering what some unexpected downsides might be to trading in in a pretty-new car.