How to Trade In A Car

Excited Couple Reviewing Trade in Offer with Salesman
 

There’s a lot to consider when you buy a new car — like figuring out what to do with your current car. Learning how to trade in a car is worth the trouble: you’ll save money on your new vehicle, and trading in is easy with the help of your local Louisville dealership! In the guide below, learn how to trade in your car with the auto financing experts at Coyle Automotive Group.

How To Trade In Your Car: Step-By-Step

Knowing how to trade in a car is a practical skill that you’ll use each time you trade up for a newer vehicle. While the trade-in process may seem daunting, you can break it down into three simple steps:

Step 1: Estimate Trade-In Value

Learning how to trade in a car begins with finding its true market value. That way, you’ll enter negotiations knowing exactly what your car is worth. Here’s what to keep in mind before you get started:

  • You can get a reliable trade-in value estimate from Kelley Blue Book or Edmunds, or try our free online Value Your Trade tool for an instant estimate.
  • Factors like your vehicle’s make, model year, trim, condition, and maintenance history all influence trade-in value.
  • Find out what similar cars have recently sold for in the Jeffersonville area.

Step 2: Get Your Vehicle Appraised

Next, you’ll visit your dealership for an appraisal. Chevrolet, GMC, Nissan technicians will inspect your vehicle for damage that could reduce trade-in value. If you’re up-to-date with your recommended service schedule, there won’t be any surprises here!

Maintaining a perfect maintenance history will maximize your vehicle resale value, because it ensures the best possible condition. If your car is low-milage and a recent-year model, you may even be able to trade it in as a Certified Pre-Owned model.

Step 3: Negotiate or Accept an Offer

If you receive an offer that’s lower than the estimated trade-in value and your appraisal doesn’t reveal any issues, you have room to negotiate with the dealership from a higher offer. That’s why it pays to find your car’s value and do your research beforehand.

The Perks of Trading in Your Car with Coyle Automotive Group

We’d love to buy your car! You’ll follow more or less the same steps no matter where you trade in, but we offer several perks that you won’t find at other New Albany dealerships:

  • We’ll provide free evaluation and appraisal without obligation, even if you decide to continue your trade-in elsewhere.
  • Quick and convenient appraisal process via our service lane.

Lease or Finance a New Chevrolet, GMC, Nissan in Clarksville 

Whether you trade up or not, our team is here to guide you through the car financing process. Ready to value and appraise your trade-in or explore in-house financing options? Contact us today to get started!

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