You’ve made the choice to buy a new car, but you don’t want to pay the full price, so now what should you do? One common option is to trade-in your current vehicle for a discount on the price of the new car you’re interested in. Trading in your car means that you are willing to sell your car to the dealership so that they can give you what they feel is the dollar value of it. At Trade-In Solutions, we can explain more of this process to you. Typically, these values are based on a number factors related to the condition of the car.
1. Car maintenance
One of the major points of focus for maximizing trade-in value is the way in which the car was maintained. This means that the car should not have any mechanical issues, if possible, or only normal wear and tear. There should also be minimal, if any, damage to the vehicle’s body. Additionally, the number of miles should not exceed the average number based on the car’s age.
2. Cosmetic appearance
Another point to consider for increasing trade-in value is the way the car looks. Prior to taking the car to the dealership for an appraisal, it is a good idea to get it washed and detailed. However, be sure to not go overboard with the appearance because this can cause the dealership to think you’re trying to hide other flaws with the car.
3. Haggle
As the dealership considers a price to offer, they are going to do so in a way that requires them to pay as little as possible. If you know that your car is worth more than what’s being offered, don’t be afraid to negotiate the price. This way you can get the most value for your car.
4. Keep the car looking standard
While self-expression is a great thing, trying to trade in a car that is colorfully painted or has special designs can be difficult. Generally, dealerships prefer cars that are standard in color and don’t have designs that make them stand out. It would be very difficult for them to sell a hot pink car or one that has flames painted on it.
If you’d like more tips on trading in your car, visit Trade-In Solutions for more information.