How Does Trading in a Car Work?

June 14th, 2018 by

Two Men Talking

Looking for a new or new-to-you car? The beginning of the car buying process can seem bleak but with a car to trade-in, it will be less of a financial burden. But how does trading in a car work? Even if you’ve traded in before, it can feel odd preparing to give up your vehicle. Green Dodge is here with the steps you can take before trading in your model toward one of our new vehicles or pre-owned cars in Springfield.

What’s My Car Worth?

The first step in trading in your car is discovering how much it’s worth. This will depend on quite a few factors, but the most important are usually:

  • Age
  • Mileage
  • Condition

Some makes and models are regarded as more or less dependable — and thus more or less valuable — but these three factors tend to trump them all. How can you find out how well your 2003 Dodge with minimal wear and 80,000 miles is worth? Try Kelley Blue Book. While sites like KBB.com are not guarantees, they offer a range of what you can expect for your vehicle. Once you’ve done your research, you will have a better idea of what to expect when you start getting quotes.

Ask for Quotes

Once you have an expectation of the value of your car, it’s time to ask for quotes. Many dealerships will let you value your trade online, even, with a final inspection before they make an offer on your vehicle. You can also bring your car in and let us take a look as you shop around for your next vehicle, but we always recommend estimating the value just so you have an idea of how to plan.

You can also value your trade online with us.

Negotiate Incentives

Even after finding a quote that you like, there is still room to negotiate for the best trade in deal. Many dealerships have additional incentives when you purchase a new vehicle with them, such as a price reduction on the new car or service perks. It never hurts to ask!

Car ignition with key, close-up
Key from the car and the calculator on money.

Trade In Your Vehicle at Green Dodge

At Green Dodge, we work hard to ensure that drivers from Chatham to Decatur get some of the best deals on their trade-ins. We can help you value your trade, discover whether or not leasing or buying is the right choice for you, and also introduce you to a new model from our great selection of new and used vehicles. Contact us today to get started!

Find Your Next Used Vehicle

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