How Do Dealerships Value My Trade
Are you ready to upgrade your old vehicle to something more your speed? Is it time to let go of your trusty family minivan for a zippy car? Have you always wanted to upgrade to a larger truck model? Sounds like you would be interested in trading in your car at Way Scarff Ford Auburn, Federal Way, and Kent, WA!
Purchasing or leasing a new Ford is a big investment but trading in your car beforehand can help you put down a generous down payment! Interested in learning how dealerships value your trade? Our team goes further into this topic below. If you have any questions along the way, give us a ring.
What Is Trade-In Value?
Your car's trade-in value is essentially its buy-back price. Let's say you have a 6-year-old SUV that you're wanting to let go of before you purchase a new Ford model. An easy and convenient way to put your vehicle into another's hands is to sell it or trade it in to a dealership.
Not only does doing so give all responsibility to the dealership, but you can use the money you get back from trading it in for a down payment on your next Ford.
How do we value your trade? You will have your vehicle professionally appraised at our dealership! Our appraiser takes operation, appearance, handling, and functionality into account when valuing your vehicle. They will do a thorough inspection of the entire automobile before coming back and giving you its trade-in value.
How Much is My Car Worth?
Although you will receive an official trade-in value once you come to our dealership, you can actually find out how much your car is worth from the comfort of your home! There are a few ways you can do this:
- Our Value Your Trade Tool-this tool allows you to input thorough vehicle information to help us accurately value your trade-in.
- Local Market Research-scouring local used car markets for your particular model is a great way to see how much your vehicle is going for on the current market.
Conducting research beforehand is a great way to know what to expect when bringing your vehicle in for trade in. Plus, it'll help arm you with a baseline price if you choose to negotiate post-appraisal.
Boosting Your Vehicle's Value
A well-kept vehicle will typically be given a higher trade-in value compared to one that shows sign of neglect. What does this mean for you as a car owner? It means you may want to spruce up your ride prior to the official appraisal to maximize your ride's trade-in value. Here's what you can do:
- Clean the exterior. Now would be the perfect time to give your vehicle a good scrub and a wax to have its paint looking brand-new. Don't forget to scrub the wheel wells, too!
- Refresh the interior. While you can have your model professionally detailed, you can also take matters into your own hands by vacuuming the floors, shampooing the upholstery, discarding all trash and personal items, and wiping down all windows and surfaces.
- Take it in for maintenance. Are you behind on your latest oil change? Need to have a few paint scratches buffed out? Are the tires getting pretty bald? Now is a great time to take care of any maintenance, repairs, or cosmetic damages, so your ride functions at its best.
Have Any Questions?
At Way Scarff Ford Auburn, trading in your vehicle before riding away in a new Ford is easy. If you have any further questions about our trade-in procedure, stop by our dealership near Auburn, Federal Way, and Kent, Washington, today.
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