Once you’re done with your current vehicle, you can try to sell it on your own of course, but selling is never a guaranteed way to make money. Many turn toward trading in their cars as a matter of habit, but they’re not always thinking about the benefits. Trading in your used vehicle has a few great perks.
No Sales Pressure
Perhaps the best reason to trade in a vehicle can be seen when looking at the alternative. When you sell a car, you’ve got to market the vehicle. It’s up to you to sell the car, and you’ll have to deal with buyers who aren’t exactly looking to help you make money. You might wait weeks or months to get an offer, and even then you won’t know if the seller is serious. If you trade in your car, you can avoid all the hassle associated with selling a car on your own.
Money Toward a New Vehicle
When you trade in your car, you get money from the dealership, which can immediately be put toward buying a new car, allowing you to deduct a bit from the price. In many cases, you can even use your trade-in in place of a down payment, which is a great way to get some equity out of your vehicle and one of the easier ways to get into a new car. All it takes is a little paperwork and the willingness to trade in your vehicle.
Perhaps surprisingly, trading in a car is a great way to get more money than on the open market. When you sell on your own, your car must be in pristine condition to fetch a good price. When you trade with a car dealer, the dealer can make offers based on what they think the market will bear. In many cases, this means you’ll get a better offer, especially if you are looking to finance a new car. If a few hundred or thousand dollars is the difference between getting you into a new car and you walking away, the dealer may increase the amount paid for your trade-in.
Quick and Easy
There’s something to be said for the ease of trading. You simply drive up to the dealer and say you want to trade in the car. There’s no haggling, no test drives, and no waiting around for someone to make a decision. The dealer will make you a fair offer that you can take or leave. A trade-in is frankly the most stress-free way to get money for your old car.
Whether you’re looking to trade in a vehicle or lease a car online, you can trust that the dedicated auto brokers at Below Invoice can help you find the vehicle you’re looking for. Call us today at 949-630-0303 to schedule an appointment.