Whether you've already found your next ride or are just starting your search, you don't want to be stuck with a used car that you no longer want to drive. This is probably why you learned about the trade-in process.
Before you start trading in at a local dealership in Ithaca, Corning, and Binghamton, NY, you'll want to know everything there is to know about trading in a car.
To help you with that, our team at Maguire Volkswagen have put together this guide to all the pros and cons of car shopping. Read on and call us when you're ready to start trading!
Benefits of shopping in the car
There is no shortage of professionals who will trade in your car. But first and foremost it's about the safety of doing business with a local dealer. They provide a fast and transparent trade-in process that offers much more certainty than an agreement with someone you met online.
In addition, some of the other benefits of trading in your car include:
- There is no need to create or advertise an online or public sale
- Fair and competitive offers on your vehicle
- No waiting between cars
- The fastest way to get rid of your car
- Possible savings on repairs and detailing
There is a certain amount of confidence that comes with trading in your car. It is a much more secure process that allows you to deal directly with a dealer in an easy and timely manner. Plus, you can head straight to your next trip because you can choose directly from the dealer's inventory.
Disadvantages of shopping in the car
Now, a car dealership may not be the right choice for you. For your specific financial situation, a sale may be the best option. Trade-ins certainly have some drawbacks.
Other disadvantages of trading include:
- The fixed exchange rate may be lower than you expect
- You may feel like you have less control over the deal
- It doesn't take into account any money you've recently spent on repairs
- Your local dealer may not want or need your car
- You are limited to your local dealer's inventory
In short, if you want to get rid of your car yourself, you may want to avoid a trade-in. And if you want to choose from a wider range of vehicles, it may make more sense to sell your car yourself.
Tool for trading in a car
If a car trade makes the most sense for you, our dealer may be able to help make it a lot easier. We can help you determine the market value of your vehicle before you trade it in.
There are also plenty of online resources that can help you find out how much your car is worth. All you have to do is enter the basic information about your vehicle and you should easily be able to find its estimated value.
You should always have a number in mind before starting the trade-in process, and these tools can be a huge help. Then you can get started finding your next car by using our online application to get pre-approved for financing.
Trade in your car today
When you're ready to say goodbye to your current ride and get behind the wheel of a new, used or certified pre-owned Volkswagen, our team at Maguire Volkswagen is ready to help.
To trade in your car around Ithaca, Corning or Binghamton, New York,call or visit us today!