How To Get The Most Value For Your Car When It’s Time To Trade-In
Your car has been great to you for years and you probably can’t put an honest evaluation on how much it means to you. After all, nobody can put a price on the sentimental value that comes with the memories you’ll make with your car. But whether it’s your first vehicle or just another that has been in your garage, you may quickly realize that not everyone values your vehicle the same as you do.
While there are typically some standards that you can adhere to when finding the value of your car, there are also some things that you can do that will help you add to its value. After all, think about how you feel as a consumer when looking at a clean car versus a dirty one. The more that you can prepare as the seller, the better off you’ll be at getting top dollar for your vehicle.
Here’s a look at how to get the most value for your car when it’s time to trade-in.
Clean It Up
The first thing you’ll want to do is clean up the car before you sell it. Many people will often have the mindset that they shouldn’t clean a car before trading it in, as this would be the dealerships responsibility. However, having a clean car, both inside and out, will help to increase the trade-in value. You may need to put in a few hours and some elbow grease, but it could be worth it if it means getting a few hundred or more extra on your car.
Sell When The Timing Is Right
Car buying and selling is cyclical. Convertibles sell well in the summer, but will sit during the snowy winter months. This sort of pattern can also be dependent on where you live. For example, SUVs are going to be more in demand in places where the terrain is extreme, whereas more gas efficient cars may be popular in clean communities. Understand how other factors will impact the trade-in value of your car, and you can use this to your advantage.
Know What You Have
There’s nothing like a well-educated car owner who knows their ride inside and out. When trading in your car, knowing more about it will help to add value. That is why you should familiarize yourself with your vehicle before trading it in. Whether the dealership asks how many miles it gets per gallon or how many owners the car has had total, the more you know, the better off you’ll be.
Have Your Records Available
Even if you know your car inside and out, bring your records along when trading it in. there’s plenty of information available online that will help you evaluate the value of your car. By having this with you, you can use it at the dealership to get the best trade-in value possible.
Trading in your car can be a tricky situation when it comes to all of the emotions, paperwork, and time that goes into it. To help you navigate the process, consider these tips for getting the most value for your car when it’s time to trade-in.