We understand some people don’t want the hassle of selling a car themselves. It means advertising the vehicle, letting total strangers test drive it, negotiating the price and sometimes accepting payments of large amounts of cash. If the vehicle is expensive, you might even have to wait for a buyer to get a loan. Plus, there’s the transfer of paperwork to handle.
So if you’re thinking of trading in your car, here are some basic steps to help get you a fair deal for your trade.
Do your homework – know what your vehicle is worth. Websites like Kelley Blue Book give you a good view of trade in values and the information is readily available and free. Plus, it only takes a few short minutes.
Check out your trade in value here: http://www.rapidchevrolet.com/ValueYourTrade
Next get a ballpark figure of what your car is worth by doing an honest assessment of your vehicle and it’s current condition. Look at your mileage and how well you have kept up your car.
TIP: a thorough cleaning of your vehicle may help with getting a better value, but don’t expect to get more than what your vehicle is worth.
Step into the dealer’s shoes. No matter what the auto pricing guides say, bottom line, it’s up to the dealer to accept your trade-in. So its very important to look at your car from the dealer’s point of view. For example, a dealership will need to determine how quickly your trade-in is likely to sell.
“We look at the vehicle, walk around it and check to see if there’s any damage or previous work done to it, like paint work (which can reduce the value). We also drive the vehicle to assess what repairs it may need to get up to standard retail sale condition. We have to decide if the repairs may cost too much or not”, says Pat Doyle, Used Car Manager, Rapid Chevrolet Cadillac.
If you are looking to trade in your vehicle, you can get a price from us by going online, calling or stop on by Rapid Chevrolet Cadillac.