What are my payment options if I decide to trade in my car?

If you choose to trade in your car, the value of your current ride will be deducted from the next one. Not only does that reduce the purchase price of the new vehicle—it reduces the sales tax that goes along with it. That’s a win-win!

As for paying the difference between the two cars, it works just like any other Clutch purchase: you can either pay the difference in cash via certified cheque or bank draft (made out to Clutch Technologies Inc.), due upon delivery, or you can apply for financing through our portal.

And of course, if the new car has a lower price than the one you’re trading in, we’ll pay you the difference.

Lastly, if you still owe money on the vehicle you’re trading in, we will transfer the loan to your new ride, along with any new financing.