How to Trade In a Car

Selling a car can be overwhelming if you want to sell your car at the best possible price. Trading up can be easy if you have the right info! Learn how to trade in a car from the experts at Mercedes-Benz of West Covina. No matter what Mercedes-Benz sedan, coupe, or SUV model you drive, there’s a good chance we can take it off your hands. You can also rest assured that you’ll get a fair market value for your old car, which you can apply toward your pre-owned or new Mercedes-Benz vehicle.Ready to get started? Read this guide to learn what you need to know about how to trade in your car in West Covina!

What Steps Should I Take to Trade in a Car?

What happens when you begin the trade-in process in Covina? Read on for an overview of what you can expect to do along the way:

  • Get an estimate of your car’s trade-in value.
  • Get an in-person appraisal with an expert.
  • Negotiate and accept your offer.

After that, you’ll just finish up the paperwork before driving home in your next new or used Mercedes-Benz model. It’s that simple! Below, we’ll dive into the details of each step so you know exactly what to expect.

Step 1: Get Your Trade-In Car’s Value

Before getting an appraisal, it’s important to shop around for several estimates of your car’s current value. Tools like Kelley Blue Book® Value or Edmunds True Market Value® are great for quick and accurate estimates. You can also estimate trade-in value with Mercedes-Benz of West Covina, so you know exactly what to expect when you come in for an appraisal.Wherever you go for an estimate, the amount will be determined by factors like your vehicle’s make, model, and year, as well as current condition and maintenance history.Before getting your car appraised in-person near La Puenta, find out what cars like yours have been selling for. This info may be useful if you decide to negotiate for a higher appraisal value!

Step 2: Get an Appraisal

Your next step is the in-person appraisal. This part of the process feels the most uncertain for many Glendora drivers, because your final offer won’t always match the initial offer! You can minimize any discrepancy by being as thorough and accurate as possible during the estimation process.In some instances, the dealership may decide they wouldn’t be able to resell your old vehicle. This might happen if your car is behind on regular maintenance or has unattended mechanical issues. Minimize this possibility by keeping up with your car’s recommended maintenance schedule.

Step 3: Negotiate or Accept a Trade-In Offer

If your offer was lower than you’d hoped for, you have some negotiating power if your research shows similar vehicles selling for more. You might also leverage another appraisal to bargain for a higher offer. Some dealerships will not let you trade in your old car if you still owe money on the loan. However, others allow you to roll the remaining amount over into a new loan. Contact the Mercedes-Benz of West Covina finance center for more info about how to trade in a financed car and explore your options!

If you accept your offer, you can either put that money toward your next vehicle — or walk out with cash in hand! If you’re moving forward with your next car purchase, our auto finance experts are happy to show you how to qualify for a car loan or estimate monthly payments. Additionally, we can help you find out how to improve your credit or learn more about simple interest loans. Have questions about how to get a good interest rate? Check out our guide!

Let Mercedes-Benz of West Covina Take Your Old Car Off Your Hands!

At Mercedes-Benz of West Covina, our goal is to offer you a fair value for your current car, and work out budget-friendly financing for your next Mercedes-Benz. You’ve seen how to trade in a car — so now it’s time to get started! Contact us or check out our car-buying tips if you still have questions.

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