When it comes to trading in your vehicle, you may worry about the value of your vehicle. How much the dealership values your vehicle can greatly affect your final purchase or lease deal. While stressful, there are ways to increase the value of your trade-in. Read on to discover some advice.
Utilize Kelley Blue Book
The first way to increase your vehicle's value is to gather information about your vehicle near Tonawanda. The easiest way to do this is through Kelley Blue Book. Kelley Blue Book is well known for its wealth of information regarding vehicles on the market. If you plan on trading in or selling your vehicle, you will likely go through Kelley Blue Book anyways to receive an estimated value and instant cash offer.
Kelley Blue Book also offers plenty of information on specific vehicles, including things such as what a vehicle is valued at for trade-ins. This is a huge help when planning to increase its value, as you can use it to negotiate with the dealer for a better price.
Receive Third-Party Appraisals
Another way to increase your vehicle's value is through third-party appraisals. The dealership will always appraise your vehicle before accepting it. And often, dealers will lowball your vehicle's value. One of the easiest ways to combat this is through a third-party appraisal. Take some time to find a professional who is willing to appraise your vehicle. Once you receive that appraisal, bring it to the dealership to negotiate with. If you show that others value your vehicle higher, it will be easier to have the dealer increase your vehicle's value.
Fix Up Your Car
Another way to increase your vehicle's value is to fix it up. This means two things. One, any damage your car has sustained can be fixed up. Two, your vehicle can be cleaned up. If your vehicle has either visible damage or damage under the hood, it's a good idea to get it fixed. This can drastically change your vehicle's value. Similarly, how your vehicle looks can also affect its value. Cleaning it inside and out and giving it a new shine can certainly help.
Negotiate for a Better Price
The best way to increase your vehicle's value is to negotiate for it around Williamsville. And to best negotiate, you will need reliable information, such as third-party appraisals and a value from Kelley Blue Book. When you have properly prepared, you can easily negotiate with the dealership for a better trade-in value. It is simply easier when you are backed up by solid information.
Remember Sales Tax
Please also remember that sales tax is involved when it comes to trading in your vehicle. While we recommend separating your trade-in negotiation and final purchase or lease negotiation, sales tax is hard to ignore. Depending on what state you are in, sales tax will change based on the difference between your trade-in value and the final price of your deal. Make sure to talk to a team member at Northtown Hyundai to learn more about this process.
Earn the Most for Your Trade-In
Trading in your vehicle does not have to be a stressful ordeal. Let us help. At Northtown Hyundai, we make it our mission to support you in every way. Want to learn how to earn the most for your trade-in? Get in touch with us to find more advice and tips. Let your stress melt away and visit our dealership to trade in your vehicle.
