How Can I Increase My Car’s Trade-In Value?

August 1st, 2019 by

Shopping for new or used cars in Mokena? If you are, come by Hawk Volkswagen – the #1 volume Volkswagen dealer in Illinois based on 2018 sales – for a great selection of new and pre-owned vehicles, offered at prices no other dealer can match.

If you’re ready for a new car (or one that’s new for you), here are some suggestions to help increase the value of your trade-in, even if you don’t buy from us.

Clean It Up

It doesn’t hurt to take the time to clean up your potential trade-in. You might even consider professional trim work. The cleanup might cost you $50 or so, but it could also boost your trade-in value several hundred dollars by increasing the eye appeal of your car. Dealers like a clean trade-in.

Consider Repairs

Getting repairs depends on the cost. Get a repair estimate, and if repairs will cost hundreds of dollars, it’s probably not worth it. Given the choice between spending hundreds on repairs or taking a little less for your trade-in, taking less is probably better for you. But ask how much they’re deducting from your trade-in for the repairs to make sure the deduction doesn’t exceed your repair estimate.

Pay Attention To Mileage

Try to trade before your odometer reaches 75K. Dealers prefer lower mileage trade-ins, preferably around 65K. The lower the mileage, the easier it is to secure long-term financing when the dealer resells your vehicle, and that makes your trade-in more valuable.

Determine What You Still Owe

The good news here is that even if you don’t own your vehicle, you can still make a deal, but you may first have to pay off your loan or lease. On the other hand, a dealer may be willing to help you get out of your current loan or lease so they can sell you one of their vehicles.

If you’re in this situation, come by Hawk Volkswagen and let’s talk. We got to be the #1 volume Volkswagen dealer in Illinois by always working with our customers to provide them the very best trade-in deal.

Do Some Research

Prepare yourself to negotiate by going to online sites like Kelley Blue Book (kbb.com) to educate yourself on the current market value of your car.

At Hawk Volkswagen we value educated customers, and we’ll work with you to get you into one of our new or used cars in Mokena.

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