How to Get the Best Value for Your Trade-In

How to Get the Best Value for Your Trade-In Do Your Research Use the internet to find out how much a car like yours is selling for Factor in mileage, condition, and car history Knowing how much your car is worth can help in negotiating a trade-in price Time It Right The economy and fuel prices can have an effect on trade-in value If your car is fuel-efficient, wait for high gas prices to make it in-demand Consider the season and how well your car is suited for it Clean It Up Bring your car to the dealer washed and detailed Remove all personal possessions The car should be ready for the dealer's lot as soon as you drive up Show Your Records Keep and bring all maintenance records with you Show the car was cared for and is still in good shape A well-maintained car can fetch a higher trade-in price Shop Around Don't be afraid to visit a few different dealers Go with the dealer that offers the best experience and the best price Avoid dealers who try to play games Know What You Owe If you still owe money on your car, it could work against you Pay down as much of your balance as possible before you trade the car in Understand the current rates for car loans before you trade in Use Your Tax Advantage Only pay taxes on the balance between your trade-in and your new car You can save hundreds or even thousands of dollars Tax credits often make a trade-in a much better value Infographic Provided By: BB Benny Boyd Pre-Owned Lubbock www.usedcardealerlubbock.com Sources: www.window.state.tx.us/taxinfo/mtr_veh/faqmoveh.html www.edmunds.com/sell-car/trading-in-your-used-car.html www.edmunds.com/car-buying/navigating-the-trade-in-process.html www.bankrate.com/finance/auto/8-tips-for-negotiating-a-car-trade-in-1.aspx www.bankrate.com/finance/auto/8-tips-for-negotiating-a-car-trade-in-2.aspx www.bankrate.com/finance/auto/4-step3-to-boost-car-trade-in-value-1.aspx www.bankrate.com/finance/auto/4-steps-to-boost-car-trade-in-value-2.aspx www.bankrate.com/finance/auto/4-steps-to-boost-car-trade-in-value-3.aspx