Value for your trade
The thought of buying a new car is exciting for everyone. The less exciting part is the financing part, with most drivers with an old vehicle opting to trade it and use the money as a deposit for the new car. Trying to figure out how much your old car is worth and whether the car dealer gives you a fair trade-in value for the old car is not a pleasant experience for most car owners. For this reason, we are excited to inform our drivers in (geo) about the trade-in appraisal option.
Process of getting a trade-in value for your old car
To be able to identify whether you are getting a fair price for your old car, it is essential to know how much it is worth in the first place. Dealers in (geo) have different value your trade’ tools that provide an estimated value of your Chrysler, Dodge, Jeep, and Ram. This is done by you providing the dealer with necessary information about the car including; the year of manufacture, class, model and mileage. The dealer then assesses the vehicle and Using the black book; a tool used to determine the trade-in estimate by our dealers in (geo), gives you an estimate price. It is always wise to have different dealerships value your car and then selecting the best offer. The process of acquiring another car from the chosen dealers’ new inventory can then officially begin. The new car could also be from the dealer’s old inventory but has features that are attractive to you.
Maximizing your trade-in value
Some of the measures to take to ensure you get the best trade-in value for your car include;
- Do not go into the dealership blind. Find out the current trade-in value for cars in the same class as yours. Based on yours’ condition and appearance, you can get a better estimate of its worth, which gives you an upper hand during negotiations.
- Ensure the exterior of the vehicle is appealing. Repairing the available small damages and cleaning the car before presenting it to the dealer is a significant first step to improving appearance.
- Making sure the car is still driveable, and all parts are working as they should
- Ensure that your car’s paperwork on the service done on it is in order.
Advantages of trading in your old car for another one.
Compared to selling your car on your own, trade-in is quicker and saves the time spent negotiating with potential buyers. Most of the time, car owners who want to trade-in prefer taking the cars to the dealers where they initially bought it or serviced. The process becomes even easier because the dealers already have a good understanding of the vehicle.
Trading offers more financial flexibility to its buyers, for instance, a low-interest rate on loans, the option of taking out a loan to pay off an existing one, and reduced monthly payments for the car. It also reduces the total amount you need to pay for the new vehicle since the trade-in amount offered is applied to the new purchase.
Trade-in appraisal provides you with the most value for your trade. The car dealers already have experience with the car market, and so they know the actual worth of your car and can get you even better deals, especially if you purchase your next vehicle from them.
Once you trade in your old car, the dealer assumes all responsibility, and, in case any mechanical glitches happen later; you are entirely off the hook.
For all drivers in (geo) who would like to buy a new car, visit us at our dealer shops available in (geo) and get a fair appraisal for your old car in no time.