If you’re in the market to buy a new or used vehicle, you might be looking to sell or trade-in your new vehicle. If you don’t want to put the time and effort into selling your vehicle, your best bet is to trade-in your vehicle. Before you trade in your vehicle there are a few things you should know and some research that should be conducted before you head to the dealership to trade-in. If you have never traded-in before or maybe you just need a little refresher then check out all of our tips and tricks below! If you’re ready to trade in your old vehicle for a shiny new one, then check out our website and go to the “Trade Appraisal” page!
Get Your Car’s Trade-In Value;
- To determine if you’re being offered a reasonable price on your trade-in car, you first must know what your car is worth.
- It is important to accurately describe and be honest about the condition of your vehicle.
What Do You Owe:
- If you have not paid off your trade-in, you will only get the difference of what your vehicle is worth and what you owe on it
- If you owe more than the vehicle is worth you’ll most likely end up pay and getting no money back
Have All The Documents
- Be sure to have your title
- Bring your loan documents if you’re still paying off the vehicle
- Bring maintenance records
Negotiate
- Come into the dealership with a good idea of what your vehicle is worth and what you’re willing to pay
- Be ready to negotiate why your vehicle deserves a certain price