Tips for Maximizing Your Car’s Trade In Value
Whether you wish to upgrade your ride or are shopping for a needed replacement, getting the most out of your trade-in will help you save money for your next vehicle. While there is no changing the age, make, model, or mileage of your vehicle, there are ways to help maximize your car’s trade-in value. Here’s how you can get the most money for your trade-in.
[ READ MORE: When Should I Trade In My Car? ]
Research the Current Trade-In Value of Your Car
A big part of trading in a vehicle is the negotiation. Before visiting a dealership for a quote, you should research the current trade-in value of your car. By knowing the estimated value, you can better negotiate for an amount close to its market value.
Clean Your Vehicle
One of the cheapest ways to improve the trade in value of your vehicle is simply by taking care of it and making it look nice. Before getting a trade-in value quote, clean the exterior and interior of your vehicle. Give the paint a good wash, clean the windows and windshield, vacuum the seats and floors, deodorize any unpleasant scents, and remove any personal belongings like rearview mirror decorations or decals.
Make Repairs, But Don’t Go Overboard
While making repairs on your current vehicle can help improve its trade in value, it may not be the best thing to do. When deciding whether to make repairs, you should determine how much the repairs will cost and how much extra you can get for your trade-in once completed. If it’s more expensive to repair it than to take the loss at the dealership, don’t schedule the repairs. Instead, focus on affordable repairs that have the potential of saving you extra money. Basically, no used vehicle will ever be perfect, and you won’t want to overpay on repairs.
Are you ready to trade in your vehicle? Visit us at Broadway Credit and we can provide a trade-in value estimate based on the condition of your car. If you have questions about trading in your vehicle with us, contact us here and we will get back to you shortly.