How to Trade In a Car

Woman Standing Outside of Car With Keys

The current vehicle you own is an excellent start to reducing your payment on a new car. You can put the money from your trade-in towards your next car loan and increase the likeliness of a better car than you initially thought. At Rocky's Auto Credit, our business makes sure that you drive the vehicle you love in Tempe! Therefore, we further explain how to trade in a car so your commutes can get more fabulous! Contact us to trade in your vehicle.

What is a Trade-In?

Not everyone knows that the vehicle you own now is an asset to your next car or, more so, your car finances. The process is quite simple, and you can connect with our finance team or get an early start by applying for finance online. Our team will inspect your vehicle and use credible sources from NADA and Kelley Blue Book, as well as our own used vehicle inventory, to determine a trade-in offer. Once we have a price, we will make you an offer for your existing vehicle to be resold at our dealership. The better the condition your car is in, the higher the value it is worth. 

How to Trade In Your Car

If you are wondering further about how to trade in your car, Glendale drivers, we have a quick list for you to check off when trading in your vehicle. Make sure to bring the following:

  • Driver’s License
  • Insurance 
  • Vehicle History
  • Maintenance History
  • Vehicle Owner Papers

In other words, bring as much information about the vehicle as possible. Of course, some are necessary to trade in your car. Another great tip is to have your vehicle detailed before negotiating; thus, the vehicle looks and feels clean. The extra few dollars can add up when it is time to negotiate costs.

Yes, you can negotiate with the dealership. If you do not like the estimation of your trade-in value, you can barter or get a second opinion.

How Does Trading in a Vehicle Work?

There are three main steps to trading in a vehicle, they are:

  1. Trade-In Value: Do some homework using KBB, Edmunds, or the like to find out the estimated value of your car. You will need to include your make, model, trim, and year of the vehicle.
  2. Get an Appraisal: Take your vehicle to a dealership for an appraisal. Bear in mind that you need to keep an open mind about the actual value of your car. In other words, the quote will not necessarily match your research estimate. 
  3. Negotiate or Accept Offer: The next logical step is to accept the trade-in offer or negotiate with the dealership. If you have correct paperwork that shows your vehicle’s care, you can likely trade your car at a higher price. If the offer does not meet your standards, you have the option to walk away and try elsewhere.

Get Financed at Rocky's Auto Credit!

Now could be the time to trade in your car, truck, or SUV, and Rocky's Auto Credit is here to help make that process simple. We are eager to see what vehicles await us out there Phoenix residents! Visit our dealership to see how we can assist you with your next vehicle. We offer options for bad credit, as well as flexible payment options

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