The Melloy Advantage Plan includes $2,500 in negative equity protection on new car or truck purchases, and $1,500 on used vehicles, included in the purchase. The program is available on new and used retail financed vehicles up to a 75 month loan term.
“Buyers today may want to trade in a vehicle that’s only a few year old for one that better suits their needs, but sometimes find they’re ‘upside down’ on their car loan,” said Bill Melloy, general manager of Melloy Dodge. “With the Melloy Advantage Plan, we will provide coverage to bridge that gap when they return to us for the trade-in and purchase, whether it’s for a new or used car or truck.”
Melloy’s Advantage Plan offers maximum coverage of 110% of MSRP and is based on NADA Clean trade-in value, less payoff. A customer may extend the coverage up to $5,000 on a new vehicle and $3,500 on a used vehicle, if they choose.
Melloy Dodge and Melloy Nissan are the only dealerships in New Mexico to offer the trade-in protection. For more information about the program, contact the dealership at 505-843-9600, visit them at 9621 Coors Blvd. NW, Albuquerque, just north of Paseo del Norte on Coors or visit the website.
Melloy’s Advantage Plan offers maximum coverage of 110% of MSRP and is based on NADA Clean trade-in value, less payoff. A customer may extend the coverage up to $5,000 on a new vehicle and $3,500 on a used vehicle, if they choose.
Melloy Dodge and Melloy Nissan are the only dealerships in New Mexico to offer the trade-in protection. For more information about the program, contact the dealership at 505-843-9600, visit them at 9621 Coors Blvd. NW, Albuquerque, just north of Paseo del Norte on Coors or visit the website.
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