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7 Tips for Trading in or Selling Your Old Vehicle

Buying a new vehicle can be a daunting task, especially if you need to trade in an existing vehicle or sell an old one beforehand. However, there are ways you can make it easier by getting the best value for your old vehicle. Whether selling a totaled car or a vehicle in perfect condition, use these tips to help you get the most money for your old vehicle.

1. Know what it’s worth.

Before you list a vehicle for sale or bring it in for trade, it’s important you have a basic idea of what the vehicle is worth. This way, you won’t be shocked when you get an offer or a trade-in value. Sites like KBB.com can help you find the best possible value for your vehicle no matter its make, model, year, or condition. This can help you determine what exactly you should list the vehicle for or what you can expect a dealer to offer you during a trade in.

2. Clean the vehicle.

Before you trade in your vehicle, you’ll want to have it cleaned. Take it to the local carwash and have the exterior of the vehicle completely cleaned. The way a vehicle looks on the outside can have a big role in how it appears to potential buyers or an adjuster at your local car dealership. When it’s nice and shiny, no matter how old the vehicle may be, you’ll find that you’ll get a slightly higher value for the vehicle. 

3. Detail the inside.

Aside from just the outside of the vehicle, it’s a good idea to have the inside of the vehicle detailed as well. Cleaning the car out and removing any debris and trash, and then even having the carpets and seats cleaned, will make the vehicle stand out as more attractive and more sellable. You can either opt to detail the vehicle on your own or you can bring it somewhere and have it professionally detailed. Be sure to have an air freshener tossed in the vehicle too to give it a good smell. This can all go a long way to help you get the best value for your vehicle when it’s time to trade it in or sell it.

4. Get it tuned.

Although putting money into the vehicle you want to sell or trade in may seem like a waste of time and money, it’s actually a good thing to do. Having a vehicle that is up to date on oil changes, overall maintenance, and tire rotations can earn you more cash in your wallet than ignoring those issues. Talk to your local mechanic and have the vehicle tuned before you put it on the market. All of this will ensure you get the most money for your vehicle.

5. Consider any fixes.

If your car has a certain type of damage or issue, then it may make sense for you to consider having it fixed. For instance, small scratches or dents can be fixed for a small cost, and this cost can help you get more money for your vehicle. In addition, if you have any damage to the interior of the vehicle, having this fixed could be a very minimal cost that could help you get a better trade in value.

6. List all its features.

If you are selling your vehicle on your own, be sure to list all its features. For instance, if there is anything about your vehicle that stands out from other similar makes and models, such as specific upgrades, then it’s a good idea to list these. After all, potential buyers want to get the most for their money, and if you can make your vehicle stand out, chances are they’ll buy yours over the others that are on the market.

7. Go to a trusted dealership.

If you want to trade in your vehicle, then you should go to a trusted dealership. These reputable locations can be more trusted to give you a better overall value for your vehicle than a dealership that is known for shady practices. If you’re not sure where to go, ask friends or family members for some recommendations. This way, you can rest assured you’re going to a place where people you know and trust have received great deals and values.

Trading in or selling a vehicle doesn’t have to be a nightmare. Instead, by using these tips, you can rest assured you’ll be getting the best deal possible to help you put your old vehicle to use for a new one.

Cher

View Comments

  • I have a car that I will be selling in the next year. Still trying to decide between a trade in a and personal sale. Great tips to help think it through.

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