What is the Trade-In Value of My Car?

If you’re shopping for a new vehicle, trading in your car can help you take some money off of your loan amount. But many Chilton drivers wonder how to get the best trade-in value for their vehicles. Vande Hey Brantmeier covers the numerous factors at play when it comes to car trade-in value below!

Best Trade-In Value for Cars: Types of Trades 

Asking yourself, “What is the trade-in value of my car in Appleton”? The answer to this question can depend upon where and how you’re selling your vehicle. Let’s look at a few of the resources you can use to trade-in: 

• Trade Calculators: An online tool to value your trade is an estimate for your car trade-in value. Many Green Bay dealerships will pay something approximate to this amount, but they can vary. Getting these forms of valuation are very useful for negotiating the trade-in value of your car. 
• In-Person Appraisal: You can also have your car appraised in person at a dealership and this can result in the best trade-in value for cars. One factor that affects this form of appraisal is the inventory of the dealership. Try to take your car to a dealership with different makes so that your car is more valuable to them! 
• Private Sales: You can often get the best trade-in value for cars with a private sale. But there’s a lot of compromises you’ll have to make. Private sales are often time-consuming, with the additional paperwork load put on your back. Furthermore, you may have to do any repairs needed to seal the deal. 
• Salvage Value: Even vehicles that don’t work much may have some parts that can net you money. “Salvage Value” refers to the value of those parts; it’s often determined by an insurance company after a wreck. 

Keep all of these in mind when you’re trying to answer the question, “What is the trade-in value of my car?” Informed negotiation is the best way to secure a solid car trade-in value.

What is the Trade-In Value of My Car?: Factors to Consider 

So, what is the trade-in value of my car if it has a lot of miles on it? Or what if there’s been a parts replacement? A lot affects the trade-in value of your car: 

• Trim Levels and Features: It’s not just the model of your vehicle, but the features packed inside. Make sure to check on your trim level and any additional features that you may have added to your car — they can increase its value. 
• Dealership Offers: An often neglected factor in considering your trade-in value for a dealership is what they are currently offering. Your vehicle won’t be as valuable to a dealership as it will be to a private buyer.
• Driving and Ownership History: Not only does the mileage affect the value of your car; the places you’ve driven it around Manitowoc and any repairs/replacements can change the value. 
• Cosmetic Issues: Aesthetic and cosmetic considerations aren’t neglected by anyone when they’re looking at your car. If there are scratches or worn-out material on your interior, this changes the value of the car. 

Explore Car Financing at Vande Hey Brantmeier 

At Vande Hey Brantmeier, we want to empower Chilton drivers to get the most out of their vehicles. Consult other car-buying tips today and please contact us to continue the car trade-in and buying process!