Are you planning to trade in your current vehicle and buy a new one? You might think that your car’s trade-in value is out of your hands, but there are things you can do to increase it. Go over some tips you can follow to ensure you get the most for your trade-in. Then, you can take your car to a local dealership, trade it in, and drive off in a new ride.
Research the Current Value
Before you trade in your vehicle, check Kelley Blue Book for the trade-in value. Make sure you fill out the online form honestly to get an accurate price. For instance, if you say your car is in excellent condition when it’s only in good condition, the value won’t be accurate. If you fill out the form correctly, you will have a good idea of what to expect when you take it to the dealership. Then, you can do a few more things to increase the value before bringing it to a dealership.
Resolve Problems Before the Trade-in
You can get more for your vehicle by addressing mechanical issues before trading it. While you might not want to pay for major repairs, you can fix minor issues. For instance, if your “check engine” light is on, take out a mechanic to find out if it’s due to a minor problem. The mechanic might just need to reset the car’s major systems. That’s a simple fix and could help you get a lot more for your trade-in.
Also, make sure there aren’t any active recalls for your car. If there are, get the repairs and bring the paperwork with you to the dealership when you’re ready to make the trade.
Ensure Your Car Looks Well-maintained
You can increase the value of your trade by showing that your car is well-maintained. Begin by cleaning it inside and out. This will show the team at the dealership that you take good care of your car. Then, include maintenance receipts if possible. If you can show that you get regular maintenance, you can increase the trade-in value.
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Negotiate for the Trade-in and the New Car Separately
Instead of negotiating the price of the new car and the trade-in value together, separate the two. It’s easier to get top dollar for your trade-in when you separate the negotiations. Then, when you secure the trade-in value, you can move on to negotiating the price of your new vehicle.
If you want to get the best value for your trade-in, bring it to Doug Henry Chevrolet Buick GMC in Farmville, North Carolina. You can begin the process online by valuing your trade on the website, or you can have us appraise it in person. We will help you get a great deal for your trade-in and your new vehicle.
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