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You might see ads or auto dealer websites that say you can trade in a car. The process is very simple, and it’s a normal part of doing business at car dealerships near Minneapolis like Jaguar Richfield Certified Pre-Owned & Service. Our finance team makes trading in very easy when you bring your car to us in search of a new or new-to-you vehicle.
Discover how to trade in your car with our guide. We want you to have the best possible experience with our dealership!
The first step in learning how to trade in your car is to determine your vehicle’s value. You can plug into our online tool that allows you to value your trade. You’ll just need your make, model, year, mileage, and condition. Then, the tool will give you an estimate of the value of your car, truck, or SUV. This is essentially the price an auto dealership might give you as a down payment towards a vehicle on the lot or if you want to sell it outright.
If you’d like to do more research, there are other online tools available, such as Kelley Blue Book® Value and Edmunds True Market Value®.
Secondly, make an appointment with our dealership near St. Paul. Our service team will examine your car’s condition inside and out, and we’ll also take into consideration our current used inventory and the vehicle’s popularity to determine whether we can sell the vehicle. Make sure that you bring your trade-in value estimate (as well as any other trade-in offers you may have received) for reference.
While those tools offer good estimates, they may not be the exact value of the vehicle. But, they’ll be close.
Once we complete the appraisal, you can negotiate the trade-in offer or accept it outright and close the deal. The whole process is very simple and straightforward, which is one of the benefits of trading in your car at a dealership. We have trained staff members on-site who handle trade-ins all of the time, and our service technicians know what to look for.
Other advantages of knowing how to trade in your car at our dealership include:
Once you’ve accepted the offer, you can finalize your trade for cash or put the car’s value toward buying a new car. If you put it towards a down payment, it’ll lower the amount you need to finance.
Do you have more questions about how to trade in your car? Contact us or call (952) 209-3000. We’re happy to help in any way we can! You can also apply for financing to jump-start the car-buying process if you’re interested in a quality used vehicle from Jaguar Richfield Certified Pre-Owned & Service.
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