Decisions, Decisions: Choosing Between a New and Used Car

3 Things To Do Before Trading In Your Car For A New One

Posted by on Nov 6th, 2015 in Uncategorized | Comments Off on 3 Things To Do Before Trading In Your Car For A New One

If you decide to get rid of the car you currently have so you can get a newer one, the best and easiest way to do this is by going to a car dealership. As you begin planning for this, you might want to develop a strategy that will help you get the best deal on this transaction. Here are three tips that may help you get the best deal when trading a car in for a newer one. Prepare Your Current Vehicle When you trade in a vehicle, the dealership will inspect it and appraise it before offering you a trade-in value. The amount the dealer gives you for your vehicle will affect the amount you will need to finance on the car you buy; and therefore, it is extremely important to do all you can to get the highest amount for your current vehicle. Here are some things you can do to make sure you get top dollar for your car: Get it detailed – Auto detailing may cost up to $300 for a thorough cleaning of the inside and outside, but this cost is well worth it. A clean car will appear nicer and newer, and the auto dealership is likely to take this into consideration when determining a value for the car. Fix minor issues – If your car has minor issues, fix them before trading it in. For example, make sure all the lights are working on it. If it has a cracked windshield, consider getting it replaced. Minor issues the dealer notices can cause the value of your car to drop. When you fix these things, it can keep the value up on the vehicle. You should also remove any personal items you may have in your car before you drive it to the dealership. This will make the car look nicer, because it will be empty, but it will also help you avoid accidentally leaving things in your car when you trade it in. Research The Value Of Your Current Vehicle The second thing you should do is research the value of your current vehicle. You can look up almost any type, make, model, and year of vehicle to find its current value. When you do this, you can see the value of the car in terms of trade-in amount. This will give you a good idea as to how much the dealer should offer you for the car. When you eventually do go to the car dealership, make sure the dealer gives you an amount for your car. Some dealers will try to work in the trade-in amount into the financing of the new car without really telling you what they are paying you for the trade-in vehicle. When dealers do this, it can be hard to know how much you are really getting for your car, so make sure you ask if they do not tell you. Research The Type Of Vehicle You Want To Purchase When you trade a car in, you will get to choose a new one to take home with you. The car dealership you visit might have hundreds of different cars and trucks to choose from, which can make it confusing for you. If you already have a good idea of what type of vehicle...

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