Thinking about upgrading your ride? Trading in your current car is a smart way to offset the cost of your next vehicle. Follow this easy-to-follow guide to get the maximum value for your trade-in.
How to Trade In Your Car: A Complete Guide
Want to know how trading in your car works? Follow these steps. Here’s how it works:
- Estimate Your Car’s Trade-In Value: Use tools like Kelley Blue Book (KBB) to check your car’s trade-in value.
- Prepare Your Vehicle: Clean it inside and out, and take care of minor repairs.
- Bring Necessary Documents: Have your car’s title, registration, and loan payoff information ready.
- Come to Coronet Dodge for Your Trade-In: Our team will inspect your car and provide a competitive trade-in offer.
What Increases Trade-In Value?
To maximize your car’s trade-in value, focus on these factors:
- Condition: Cars in good condition with fewer repairs required are worth more.
- Age: The newer your car, the higher its value, but classics in good shape can still shine.
- Demand: Vehicles in high demand are more likely to yield a better trade-in offer.
Using the KBB Instant Cash Offer at Coronet Dodge
Make your trade-in experience easier with the Kelley Blue Book Instant Cash Offer at Coronet Dodge. Here’s how it works:
- Get an instant offer for your car by entering its details on KBB’s site.
- Bring your car and the offer to Coronet Dodge.
- We’ll verify the offer and apply it toward your next vehicle purchase.
It’s fast, easy, and ensures you get a fair value for your trade-in.
FAQs: Taxes, Credit, and Timing
Do I pay sales tax on the full price of my new car?
No! In most cases, you only pay sales tax on the price after the trade-in value is deducted.
Can I trade in a car that I still owe money on?
Yes, if you still owe money on your car, we’ll consider that balance when making the offer.
When is the best time to trade in my car?
Trading in your car before it loses too much value, typically around 3-5 years, is best.