Get Top Dollar for Your Trade-in
Trading a vehicle in is a great approach to purchasing a new vehicle. You are able to avoid the complicated process of selling your vehicle to a buyer when you trade your vehicle in at a dealership. There are a few things that you will need to do before you trade your vehicle in, however, to receive the most money for your trade-in.
Value Your Trade-In
To get the most money for your trade-in, you will first need to know how much your trade-in is worth. You can visit dealerships to get offers for your trade-in, or you can use online valuation tools. Online trade-in valuation tools are quick and easy to use. You simply need to enter a few details, such as your vehicle’s make, model, mileage, and condition. After you have entered the appropriate information, these tools will provide you with an estimated value for your trade-in.
Repair Minor Flaws and Damage
You should make minor repairs to your vehicle if it is damaged before you trade it in. These repairs can include cosmetic repairs and some mechanical repairs. Avoid making complex and costly repairs to your vehicle, however, as repairs do not increase the value of your vehicle and will not be compensated for. If your vehicle needs a new transmission, for example, then it will most likely cost you more to have its transmission replaced before you trade it in than to trade the vehicle in as is.
Clean the Vehicle
One of the last things that you will need to do before you bring your vehicle to a dealership is to clean the vehicle from its interior to its exterior. Wash the outside of your vehicle and consider waxing it as well to make its paint shine. Vacuum the cabin of your vehicle and remove any items that are important to you from the vehicle, as these will be thrown away by the dealership when you trade the vehicle in. Dealerships make larger offers on vehicles that look clean and have been well-maintained, as these vehicles are more attractive to customers and easier for the dealerships to sell.
Bring the Paperwork
You will need your vehicle’s title in order to trade the vehicle in. The title of your vehicle proves that you are the rightful owner of your vehicle. If there is a lien on your vehicle’s title, then you will need to contact the lienholder and receive approval to trade the vehicle in. Similarly, if your vehicle’s title has another name and signature on it, then you will need to have that person sign the title so that you can trade the vehicle in.
Any maintenance and service records that you have for your vehicle will be beneficial for you to bring when you trade the vehicle in. Service records show that you have taken care of your vehicle while you have owned it, making it more attractive to buyers.
Visit different dealerships when you want to get the most for your trade in. Dealerships tend to provide more or less money for certain vehicles based on the vehicles that they have in their inventory and the vehicles that sell the best on their lot. If you have a sedan, for example, then a dealership that routinely sells pickup trucks will most likely offer you less for your vehicle, as it will be tougher for them to sell to their customers.
You can visit different dealerships to get trade-in offers for your vehicle. If you have your eyes set on a specific vehicle at a specific dealership, then this is very advantageous, because you can use the other trade-in offers that you received for your vehicle as tools while you are negotiating. Additionally, you may find other vehicles that you like at the dealerships that you visit.
Getting the most for your trade-in will provide you with an opportunity to get a great deal on your new vehicle. Visit us at Herrin-Gear Chevrolet if you are looking for a new vehicle that you can depend on. We have a diverse selection of vehicles at our dealership that you will enjoy browsing through. We will be glad to provide you with more information about the trade-in process and the things that you can do to get the most for your trade-in.