IAS

Trade Assurance Plus

Vehicle needs can change fast – Trade Assurance Plus takes the worry out of future trade values when it's time to purchase a new vehicle. With the Trade Assurance Plus program, customers can protect their investment, with up to $5,000, against negative equity when they are ready to purchase another vehicle at the issuing dealership.

Here's how it works: The Trade Assurance Plus program eliminates negative equity by providing financial support at time of trade-in.*

Customer purchase new or used vehicle $ 25,000
Balance owed at time of trade $ 17,500
Clean NADA trade-in value $ 15,000
Customer's negative equity $ 2,500 without Trade Assurance Plus
BUT with Trade Assurance Plus $ 0
* This may or may not represent your actual experience.