When may a customer's trade-in vehicle be sold on a financed deal?

The correct answer highlights the importance of securing financing approval before finalizing the sale of a customer's trade-in vehicle within a financed deal. This reflects the standard practice in automotive sales where the financing terms and conditions are a critical part of the transaction process.

When financing is approved, it ensures that the dealer and the buyer have a clear understanding of the financial aspects, including the loan amount, interest rates, and payment schedules. With this approval in hand, the dealer can proceed with the sales transaction, confident that the customer has the necessary financial backing to support the deal.

In contrast, selling the trade-in vehicle before financing approval carries risks, such as the potential inability of the customer to secure a loan or changes in the financing terms that could affect the entire transaction. Thus, waiting for financing approval safeguards both the dealer's and the customer's interests, supporting a smoother transaction process.