Get Top Dollar for Your Trade-in 

If you are in the market for a new vehicle and currently own a vehicle, then you may be interested in selling your current vehicle to purchase your new vehicle. While selling your vehicle will allow you to have more money to purchase a new vehicle, it can take time for you to sell the vehicle to a buyer. Trading your vehicle in is an excellent way for you to purchase a new vehicle while getting rid of your old vehicle. There are several effective things that you can do to get the most for your trade-in while you are shopping for a new vehicle.

Get a Trade-In Estimate

One of the first things that you need to do before you trade your vehicle in is understand how much the vehicle is worth. Understanding your vehicle’s trade-in value will allow you to negotiate better with dealers while you are purchasing a new vehicle. There are a variety of online valuation tools that will provide you with an estimate of how much your trade-in is worth. These tools use several different factors to provide you with an accurate estimate of your vehicle’s trade-in value, such as the mileage of your vehicle and its condition.

Bring Your Vehicle’s Paperwork

When you bring your vehicle to a dealership as a trade-in, you will also need to bring the vehicle’s title with you so that you can prove to the dealership that you own the vehicle. If your vehicle’s title has a lien on it, then you will need to contact the lienholder so that they can clear the title for you, allowing you to sign the title over to a dealership. Similarly, if the title of your vehicle has another name on it, then you will need to have the other person sign the title so that you can trade the vehicle in.

Consider bringing any additional paperwork that you have for your vehicle when you trade it in. Some documents, like service records and maintenance records, can make your vehicle much more desirable, as they prove that you have taken care of your vehicle.

Clean Your Vehicle

Your vehicle needs to look good to dealerships so that they can give you the most for your trade-in. Clean the interior and exterior of your vehicle before you bring the vehicle in as a trade-in. If you have any personal belongings in your vehicle, then remove the items so that you can keep them.

Repair Any Minor Damage

Repairing minor damage on your vehicle will help you get the most for the vehicle when you trade it in. Minor damage, like cosmetic issues, can usually be repaired quickly and easily. Beware, however, when you are making repairs to your vehicle. Repairs are not compensated for and only make your vehicle more desirable for prospective buyers. Therefore, you shouldn’t spend too much money making repairs to your vehicle. It may not be worth it for you to repair some issues, like transmission issues or complex mechanical issues, on your vehicle before you trade the vehicle in.

Shop Around

You do not have to accept the first offer that you are given for your trade-in. In fact, you should shop around for different offers so that you can get the most for your trade-in. While identifying dealerships that will give you the most money for your trade-in, you will also come across a range of additional vehicles that you may be interested in. If you are set on a specific vehicle at a specific dealership, then getting different trade-in offers for your vehicle will provide you with an additional negotiation tool that you can use at the dealership of your choice.

Trading your current vehicle in is a great way for you to purchase a new vehicle while also bringing more money into the deal. The trade-in process is simple and we will be glad to help you through it. Visit us at Jessup Cadillac if you are considering trading your vehicle in. We have an extensive selection of great vehicles for you to choose from at our dealership and will help you get the most for your trade-in.

Posted in Uncategorized | No Comments »