How to Trade In a Car

Excited Couple Reviewing Trade in Offer with Salesman

 

If you’re in the market for a new vehicle around Lynn and want to trade in your current vehicle, you can put the value of your trade towards your new Honda vehicle. Therefore, it’s important to know how to trade in your car. So, do you know how to trade in a car? Learn more with the experts at Honda North! For more information, feel free to contact us anytime!

Getting an Offer for Your Trade-In Car

You first have to do some research, and figure out exactly how much your vehicle is worth. Luckily, Honda North has a value your trade tool to make this process as simple as possible for Danvers drivers. We just need the year, make, and model of your trade, and your contact information, such as your email or phone number. You can even enter some additional information to get a more accurate trade-in value, such as mileage or condition. You can even use tools such as Kelley Blue Book® Value and Edmunds True Market Value®.

Get Your Vehicle Appraised

After you’ve received an estimate of what your trade is worth, you can now head over to your Burlington area dealership for an appraisal. One of the experts at Honda North will carefully inspect your vehicle, noting its condition and mileage, and provide you with an offer on the spot. We will also take into account whether or not your vehicle would sell in our used vehicle inventory. It’s important to bring your own research with you in order to negotiate your offer.

Negotiate Your Trade-In Offer

Negotiating is one of the most important things to consider when learning how to trade in a car, as this helps you get more value for your trade based on the previous research you’ve done. Once the appraisal is complete, you will be offered what the Danvers dealership believes the vehicle is worth. Based on your previous research, you can either negotiate or accept the offer. This is one of the many advantages of trading in your vehicle at a dealership. Let’s check out some of the additional benefits below:

  • When you trade in your vehicle to a dealership like Honda North, you can negotiate, as the first offer you receive is not final. You can suggest another price based on your previous research.
  • The dealership will also consolidate what you currently owe with the price of the new car if you’re upside down on your loan.

Once you’re comfortable with the offer, you can accept and trade in the vehicle. You can either take the cash or put the value of your trade-in towards a new vehicle.

Visit Honda North for An Appraisal Today!

Now that you know how to trade in your car, come stop by Honda North for an appraisal! If you’re looking for your next vehicle, feel free to browse our new vehicle inventory, and meet with our finance center to start the buying process! Be sure to take advantage of our new vehicle specials to save near Lawrence! Find the answers for your finance questions, like whether you can trade-in a financed car or not, by contacting us today! Learn more about car trading tips with a closer look at how to trade-in a car that’s not paid off.

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