Getting the Most Out of Your Trade-In
Don’t Remove All Your Paraphernalia
While washing the car, it can be tempting to go ahead and remove all of your belongings. It’s easier to take care of this step at home and gives everyone time to look everything over to make sure that nothing is forgotten. But a completely cleaned out car sends the dealer one message – that you are ready to get rid of it today. This alone can greatly diminish your bargaining power. So go ahead and check under the seats at home, but leave enough belongings in the trunk and glove compartment so the dealer thinks the car is still actively in use.
Make Minor Repairs
Minor dents and dings are one of the first things that dealers point out when attempting to justify a lower price for a trade-in. However, these minor flaws can usually be repaired quite cheaply at home or at a body shop. Look the car over for other easy fixes like burned out lights or stains on the upholstery.
Leave Major Repairs Alone
Making minor repairs is not the same thing as fixing every problem the car has. Typically, if a problem will cost more than $500 to fix, it is better to accept the decreased value. This also applies if the car has an undiagnosed problem, as those repairs can become costly very quickly. Replace the tires only if they are extremely worn.
Knowing the answers to “How can I get the most money for my trade-in?” allows customers to get top dollar value for their car, while still enjoying the convenience of a dealership trade-in.