GET MORE $$$ for your TRADE-IN! Kevin Hunter the Homework Guy
Автор: Kevin Hunter The Homework Guy
Загружено: 2025-02-12
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How to Avoid Getting Screwed Over on Your Trade-In: A Car Buyer’s Guide by Kevin Hunter The Homework Guy. Trading in your car at a dealership can seem to be convenient, but it’s also one of the most common areas where buyers get screwed over when shopping for a new car.
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Check Online Valuation Tools: If you’re looking for free help, consider using resources like Kelley Blue Book (KBB), Edmunds, and NADA Guides to get an estimate of your car’s trade-in value.
Look at Local Listings: Check online marketplaces such as Craigslist, Facebook Marketplace, and Autotrader to see what similar vehicles are selling for in your area. Just make sure the miles are within 10% so that it’s a fair comparison. For example, if the car has 50,000 miles, a vehicle with 45,000 miles or a vehicle with 55,000 miles are fair comparisons.
Get Offers from Multiple Dealers: Some dealerships, like CarMax, will give you an instant cash offer. Take advantage of this to use as leverage when negotiating.
Get Black book values from us on your current car: It’s very easy and inexpensive to do. Just sign up for one of our packages found at thehomeworkguy.com and we will get you a current black book value on your car. Black book is the most accurate book value on the market because their agents are in the auto Auctions every week. Take advantage of our services, because 30,000 car dealers use these book values too, for the exact same reason.
Step 2: Clean and Maintain Your Vehicle
Wash your car people, and vacuum it out. This is not too hard to understand! First impressions matter. A dirty, unkempt car gives the impression that it hasn’t been well-maintained, which can lead dealers to justify a much lower offer. A car that looks like crap earns a crappy offer!
Wash and Detail Your Car: A professional cleaning (like a detail job) or a thorough DIY job can make your vehicle look more appealing. It could even look and smell like new. This is such a big deal that when I was working on the car lot at a dealership and I had a customer with a trade-in vehicle, because i wanted them to get a fair trade evaluation, if they didn’t clean it before they brought it in, I took the vehicle down to our car wash and made it look presentable.I’d run the vacuum through it if it needed it too.
Fix Minor Issues: Small repairs like replacing worn-out wiper blades, topping off fluids, and fixing minor dents can boost your car’s value, so make sure it looks nice, and it’s in as good condition as possible!
Gather Maintenance Records: If you’ve taken great care of your car with regular oil changes, tire rotations, and other maintenance, having proof can generally work in your favor. Don’t hesitate to brag about your car!
Step 3: Get Multiple Trade-In Offers
One of the biggest mistakes car buyers make is accepting the first trade-in offer they receive. Instead, take the time to shop around at other dealers..
Visit Multiple Dealerships: Even if you plan to buy from a specific dealer, getting trade-in quotes from multiple locations can give you a realistic idea of your car’s worth, and if the dealer you buy from doesn’t get quite there, show him the written quote you have from someone else!
Use Online Car Buying Services: Websites like Carvana, Vroom, and CarMax provide online offers that can serve as a benchmark. These quotes are also in writing and can help you get the value out of your car, too!
Leverage Offers Against Each Other: If one dealer offers you more than another, use that as leverage to negotiate a higher trade-in price.
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