Do You Know How To Get The Best Trade In Value For Your Vehicle?

Do you know the value of your vehilce? Knowledge is power. Before you head to a car dealership you should research the value of your current vehicle using a tool like Kelley Blue Book. Knowing your trade-in value will let you know if the dealer’s offer is fair. Make sure you shop around. You should get at least three estimates from competing dealers. This can help ensure you get top dollar for your old car. You can trade in a vehicle if you owe money, but it’s important to know that debt still comes out of your pocket. This means you’ll ultimately get less cash from your trade. Owe more than your car’s worth? Expect that negative equity to get rolled into your next loan. A deep clean and a record of repairs can make your car more marketable, and possibly fetch you a higher trade-in price. So keep that extra paperwork for some added bargaining power. You’ll need to negotiate. Just because a dealer makes a trade-in offer doesn’t mean you have to accept it. Following the above tips, like getting multiple offers and knowing your car’s trade-in value, can be powerful negotiating tools. Car-Lotta reminds you that following these tips can help increase the value of your trade-in, getting you into a new vehicle for less cash. Once you get the keys to your dream vehicle, you’ll need to make sure it’s protected.