Click me
Transcribed

Maximizing Your Used Car Trade-In Value

MAXIMIZING Your Used Car Trade-In Value The most painful process of the car buying process is negotiating the trade-in value of your car. The hassle alone might deter you from trying to buy a new car. But Edmunds.com reports in their "Auto Industry Trends 2013" that now more than ever is the best time to trade-in your used car. 1 HOW DO USED CAR TRADE-INS WORK? 2 4 The value of the car is The dealer or buyer will do an inspection of the car and will take The owner of the car After the vehicle is preps the vehicle for appraised, the owner of the vehicle compares the accessed by checking the Blue Book, the Black appraisal, which includes Book, classified ads, and cleaning, detailing, and mileage and condition value of the trade-in to private listings. tune-ups. into account. 3 the unpaid loan amount. This also includes comparing the different trade-in values between dealers for the best value. Finally, you begin the negotiating process. WHEN IT'S BEST TO TRADE IN 4 I want to maximize my trade-in value price. I would like to get out of my current lease (make sure you check the terms and conditions of your lease). I'm eligible to receive a tax credit. Did you know that if you trade in your vehicle and buy a new vehicle at the same dealership, you're likely eligible to receive a tax credit? This additional I plan to buy a new or pre-owned vehicle. savings will vary depending on your states applicable tax rate. WHEN IT'S BEST TO SELL OR "WHOLESALE YOUR CAR" I need to sell my vehicle quickly. I own my vehicle and the title is "free and clear." I don't plan to purchase or trade in for another vehicle. TO TRADE OR NOT TO TRADE? 5 Find out what your Explore your options before you Have reasonable Don't offer first. car is worth. expectations. Ask what the dealer offer the trade-in. thinks it is worth first. You Most people use the Kelley Blue Book to gather a general estimate for their car value. Compare Expect lower offers, it's might be surprised by the answer and get more part of the business. But Some dealers will use a if the offer sounds too trade-in offer to their value for your used car. good to be true, you should be cautious as advantage to make the these values to classified price of a new car seem ads and other private well. As long as the quote lower. Find out the prices listings to get an idea of what your car is worth. is within the range of your of new cars before you expectations, try to negotiate the best value. offer to trade-in your current vehicle. HOW TO MAXIMIZE A CAR'S TRADE-IN VALUE 6 Keep a record of all the Have the car professionally Do your homework and be Separate the trade-in and invoices of maintenance detailed from the inside aware of the going rate for the new car purchase into two transactions. This can you've done on your car. This will show the potential buyer how out. Try to make the car your car at multiple help you lower the balance of the new car feel as new as possible. dealerships. Continually research the going rate for much you've invested into maintaining the car's your car at other and increase the value of dealerships, through your trade-in. health. classified ads, and in private listings. 7 If your car is an unorthodox Every detail counts. Get Be honest about the car's Think like a seller and also color or needs an update, past accident history, and understand how the car your oil changed, replace the wiper blades, top off fluids, and check your be prepared to show all the service records, 9 get your car painted. Black, salesman thinks. This will help you during the negotiating phase and finding the best compromise for both parties involved, 10 white, and red cars have the highest trade-in value. tires. 8 10 Make sure to take all of your belongings out of the car, including anything in the glove compartment or trunk. Be realistic about your car's worth and have a plan before you go to the dealer. Be prepared, educated, and open-minded. ABOUT MAXTRADEIN ion for real-time trade in offers for your car. To eliminate the most painful part of the car buying experience – negotiating your trade in value! MaxTradeln is your reason for ng? We are dedicated to making the car trade in process easier for everyone involved. The result is a company that's centered around empowering car owners and building long-term customer opportunities for dealerships. You choose the dealers. You choose the best offer. It's free to use. No obligation. Sources 1 http://usedcars.about.com/gi/o.htm?zi=1/XJ&zTi=1&sdn=usedcars&cdn=autos&tm=10&f=20&su=p284.13.342.ip_&tt=2 &bt=5&bts=1&zu=http%3A//www.edmunds.com/industry-center/commentary/auto-industry-trends-for-2013.html 2 http://autoresource.internetautoguide.com/used-car-tradeins-work-1009.html 3 http://budgeting.thenest.com/explanation-car-tradein-21897.html 4 http://www.maxtradein.com/how-it-works/trading-in-vs-selling 5 http://cars.about.com/od/buyingadvice/a/trade_in.htm 6 http://www.ehow.com/how 2176006_maximize-cars-trade-in-value.html#ixzz206SOouTt 7 http://www.bankrate.com/finance/auto/4-steps-to-boost-car-trade-in-value-1.aspx 8 http://www.auto-broker-magic.com/trade-in.html#.UVsd_KTARKI 9 http://www.global-options-trading.info/maximize_trade_vehicle/ 10 http://www.moneyunder30.com/how-to-be-confident-youre-getting-a-fair-deal-on-your-trade-in Infographic by Sponsored by Sk DKNEWMEDIA MAXTRADEIN" www.dknewmedia.com www.maxtradein.com

Maximizing Your Used Car Trade-In Value

shared by jlisak on May 15
648 views
4 shares
0 comments
Edmunds.com reports that now is one of the best times to trade in your car. But negotiating car trade in values can be stressful and confusing. What is a good deal? How do I gain the upper hand and ge...

Publisher

MaxTradeIn

Tags

cars

Category

Transportation
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size