Vehicle Trade-In: Get the Best Value and Avoid These Costly Mistakes

Is it time to upgrade? If you’re considering trading in your current vehicle for a new one, there are a few things you need to know first. Many car buyers make the mistake of not doing their research and end up getting significantly less than their car is worth.

How to Get the Best Car Trade-In Deals:

1.  Know your car’s value – Before you even step foot in a dealership, you must know how much your car is worth. Use online resources like the CARFAX trade-in value tool on our website to get an estimate of your car’s value. This will give you a starting point for negotiation and ensure that you don’t get taken advantage of.
2.  Take your time – Don’t rush into anything when negotiating the price of your trade-in. There’s no need to rush into something and end up with a bad deal.
3. Don’t take a lower offer than your car is worth – Some dealerships might try to lowball you on your trade-in to make more money on the sale of the new car. Don’t be afraid to walk away from a bad deal.
4. Negotiate the price of the new car separately from the trade-in – Once you’ve agreed on a fair price for your trade-in, it’s time to negotiate the price of the new car. Be sure to keep the two negotiations separate so that you don’t end up paying more than you should.
5. Get it in writing – Once you’ve reached an agreement with the dealer, make sure that everything is in writing. This way, there’s no confusion later on down the line.

These are just a few tips to keep in mind when trading in your car. By following these, you can be sure that you’re getting the best possible deal on your trade-in and upgrade to a new car.

Three Mistakes to Avoid When Trading In Your Vehicle:

1. Don’t forget to bring all the paperwork – Be sure to have your car’s title, registration, and proof of insurance handy when you go to trade it in. Without these items, the dealership may not be able to process the trade-in.
2. Don’t underestimate your trade-in’s value – Many people mistakenly believe that their trade-in is worth less than it is. Be sure to do your research ahead of time so you know what your car is worth and get the best value for it.
3. Don’t forget to do your research – Be sure to come prepared. Make sure that you know what your car is worth before heading to the dealership. This will help you avoid getting taken advantage of and ensure that you get the best possible deal on your trade-in.

By following these tips, you can avoid making costly mistakes when trading in your car. Be sure to do your research and shop around for the best deal before making a decision.

Upgrade Your Vehicle at Parkway Ford of Lexington

Trade in your car at Parkway Ford of Lexington today! We offer top dollar for your trade-in and a great selection of new and used vehicles for sale. Visit our Ford dealership in Lexington, NC, the top Ford dealer for the Salisbury, High Point, and Thomasville areas. 

Posted in Uncategorized | Comments Off on Vehicle Trade-In: Get the Best Value and Avoid These Costly Mistakes