Purchasing a new car has never been more appealing. Car dealerships and manufacturers are offering car buyers great deals on brand new cars. Everything from 0% financing to free upgrades are being offered as part of these great blowout sales.

If you are considering buying a new car at one of these sales, here are some great financing tips you can use to get a little extra cash and help you make a down payment on your next car purchase.

Sell Your Used Car

Selling your used car is a great way to get cash for your new car purchase. Whether you sell your car through an ad on Craigslist or by putting a sign in the window that says “buy my car,” once you sell your car, you can use the cash from the transaction as part of the down payment for your new car.

Participate in a Trade Program

If a private sale isn’t possible, you may want to consider taking part in a trade program. These trade programs offer you the chance to trade in your used car for cash. These cash for cars programs will give you instant cash that can be used towards your new car purchase.

You can use the cash that you get either from your used car sale or from the trade program as a down payment for your new car. The more cash you put down for your car, the less interest you will have to pay on the remaining balance of the car.