How to Trade In A Car

There are a variety of reasons to learn how to trade in a car, as you can avoid the headache of trying to sell it yourself, and you can also use the trade-in money to purchase a brand new car with a larger down payment. Let’s check out all the benefits that come with learning how to trade in your car with the experts at Hendrick Dodge Cary today! Please contact us if you have any additional questions.

Figuring Out Your Vehicle’s Value?

The first step in the process of learning how to trade in a car is to figure out the going rate of your vehicle around Cary. At Hendrick Dodge Cary, we provide a helpful section on our website to value your trade. All you have to do is provide the year, make, model, and mileage of your car, and you’ll receive your vehicle’s value in just seconds! You can also submit any additional information you may have about your vehicle, such as its condition, to get the most accurate estimate.

If you’d like another opinion on your vehicle’s value, you can compare it with other resources such as Edmunds True Market Value® and Kelley Blue Book®.

How to Trade in Your Car: Getting An Appraisal

Now that you have an estimate of what your vehicle is worth, you can get your vehicle appraised near Apex. In this step, you will get the interior and exterior of your vehicle inspected by an expert, and will be given a trade-in offer. This is where it is important to know your vehicle’s worth beforehand, as you can better negotiate the final offer.

Trading in Your Car After Getting it Appraised

Now that you have an overall figure of your vehicle’s value, you can negotiate your trade-in value. It helps if there are vehicles of the same model in the dealership to see what they’re going for. Here are some helpful tips to help you negotiate your trade-in value:

  1. Most dealerships like Hendrick Dodge Cary will negotiate with you, whether or not you are planning to buy a vehicle from our new car inventory.
  2. If you have an upside-down loan or any other issues, we can consolidate your existing loan into the loan for the new car.

Now that you have negotiated your trade-in value and have a concrete number, you can either use that money for a new car, or just take the cash. Maybe you’re unsure if now is the best time to buy a car, or whether you should buy a new or used car. We can help!

Value Your Trade With the Experts at Hendrick Dodge Cary Today!

Now that you know how to trade in your car, you can come see the experts at Hendrick Dodge Cary near Carrboro and Chapel Hill! If you’ve accepted your trade-in value and want to buy a new car, you can meet with our finance department to get the best deal possible!

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