One of the best ways to save money when buying a new car is to trade in your old vehicle at the dealership. The dealer can easily subtract the value of your trade-in car from the final cost of your new car. But how can you find out the value of your trade-in car?
If you dont know the value of your vehicle beforehand, you will be at a disadvantage. It will be harder for you to prepare your budget without this information going in. Not knowing the true value of your trade-in car can also leave you susceptible to a bad or unfair deal. Most reputable dealers will always offer fair trade-in value for your vehicle, but it still pays to be aware.
At Nissan of Rocky Mountain , we want to make this process transparent and straightforward for every customer. That is why we’ve prepared this handy guide to help you value your trade-in car easily and safely.
What Is Needed to Calculate Car Trade-in Value
Before you can figure out your cars trade-in value, there is some crucial information youll need to provide. Some of this information you will know off the top of your head, while the rest may require some research. It helps to have your vehicle title or registration on hand when calculating your car trade-in value. The information you may need to provide includes:
- Vehicle Identification Number (VIN) (Optional)
- Vehicle make, model, and year
- Current odometer reading
- Vehicle maintenance history & accident history
- Current vehicle condition
- Any vehicle accessories (for example, sunroof, heated steering wheel, etc.)
Once you have all of this information, you can enter it into an online trade-in value form. This will give you a clear idea of just how much the trade-in value of your car is. But how is this value calculated?
How Trade-in Value for Cars is Determined
The trade-in value for cars is determined by a couple of different factors. As you may have guessed from the section above, the vehicles condition is among the most important factors. A more recent vehicle with low mileage and no accident history will typically have the highest trade-in value. The more you drive your car, and the more repairs its had, its more likely that the trade-in value will decrease.
That is not to say that a car will have no trade-in value if it has a lot of mileage. Even if your car has 100,000 miles, you can still get a good deal when trading it in. The better care you take of your car over its lifespan, the better its trade-in value will be. For instance, a car that has been in no accidents and required minimal maintenance will still have a high trade-in value. If you use OEM parts, rather than aftermarket parts, your cars trade-in value will also be better.
Certain luxury accessories will also increase your car trade-in value. Features like rear-seat entertainment systems, heated seats, and Bluetooth connectivity are a few common examples that can add to your cars value. However, any non-dealer-approved modifications to your vehicle might hurt your cars trade-in value. So be careful about any add-ons or accessories you add to your vehicle if you wish to trade it in.
Use Our Safe and Secure Car Trade-in Form
If you’re ready to trade in your car for a new Nissan, we’ve got you covered. Nissan of Rocky Mountain trade-in form is a safe and reliable way to learn your cars trade-in value. Simply enter your information, and well contact you to let you know your car trade-in value. Then you can visit our Rocky Mount, NC showroom or browse our inventory online, and choose your new Nissan vehicle.
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