![]() ![]() You’d be surprised at how many people ignore that advice and pay for it in reduced trade-in value for their current car. How clean is it? It should be as clean as you can get it, or lacking that, have it professionally detailed – never try to trade in, or for that matter sell to a private party, a vehicle that needs a bath, a vacuuming, or has overflowing ashtrays. The wrong color? See “too thirsty.” None of those are legitimate factors regarding trade-in value.įactors that are legit: How many miles? The lower the better. Too big? Somebody needs that carrying capacity. Is it too small? Not for somebody needing a small car. First, take a hard look at your vehicle, eliminating any personal positive or negative feelings that may have arisen over the years. The process of trading in your car starts with determining how much your car is worth. The money they provide can help you eliminate any loan balance you may have on your current car, and ideally provide you with a full down payment for your new car. You might also consider selling your car to CarMax or Carvana, as they will quickly determine the value of your used car and offer a purchase price. It’s simpler and easier to trade in your old car, but you’ll still need to do some prep work to make sure you are getting the highest trade-in value. Conversely, if your current car is on the junky side, you might find a buyer who doesn’t care as much about that as a new-car dealership does.īut then you’d be going through the hassle of putting your used car on the market and dealing with car buyers who may or may not have a genuine interest in buying. ![]() If you have an exceptionally clean vehicle that has well over the normal number of miles on it, you may do better trying to sell the car yourself, as high mileage works against trade-in value at a dealership. Which likely means you’re asking yourself that eternal question: What should I do with my used car? Sell it, or trade it in? ( iSeeCars) - You’re about to start the car buying process. ![]()
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