If you want to unload your current vehicle, a car trade-in is worth considering. By working with a car dealership, you won’t have to go through the process of a private sale and could also leave the lot with a brand-new ride. Below are answers to popular inquiries concerning car trade-ins.  

4 Common Questions People Have About Car Trade-Ins

Are there ways to get better deals?

Look for online reviews for car dealers in your area to find a reputable company. Once you turn over a used car to a dealership, technicians will work to get it ready to resell. Taking steps to enhance the vehicle’s curb appeal before you trade it in will help you get a better deal. The to-do list should include removing personal items from the trunk and cabin, vacuuming the interior, and washing the exterior. If there are scratches and dents in the auto body, fixing the flaws will also boost the value of the car. Make sure to include vehicle maintenance reports and repair receipts when transferring ownership. By providing as much information as possible, you could get a better deal.

Is it possible to trade in a car that’s still being paid off?

If you still owe money on a car, it’s still possible to trade it in. In this instance, the auto dealer will set up an agreement directly with your bank to pay the remainder of the loan. Keep in mind, going this route could cause an increase in loan rates and payment installments when you purchase a new vehicle.

How can a car’s value be determined? 

Although criteria used when determining the value of a vehicle will vary from dealership to dealership, there are ways to gauge the market price of your car before trade-in. Kelley Blue Book^® is a tool many consumers use to find out the worth of their cars, trucks, SUVs, and motorcycles. The trade-in range of every make and model car is listed, so you’ll have a better idea of what to expect before going to a dealership. 

What are the benefits of trading in a car?

Choosing car trade-in over private sale is a financially sound decision. In many states, car trade-ins come with sales tax breaks. The tax rate could save a few thousand dollars on taxes for your next vehicle purchase. This means you can purchase a new car with better fuel economy, a roomier interior, and additional features for much less. This is not the case when you try to sell a car privately.

If you want to trade in cars in Baxter County, AR, the trustworthy professionals at Discount Auto Sales offer fair pricing. The associates are happy to share details about the car trade-in process, help you find an upgrade to suit your needs, and explain financing options. To learn more about trading in your car, call the Mountain Home car dealers at (870) 425-1775. You can also visit them online to read client reviews, and Facebook to see photos of inventory that just arrived on the lot.