No matter how much you love the car you're in, it isn't always practical or even desirable to keep it. Sometimes, it just makes more sense to get something newer. Sometimes, we just have the urge to upgrade. Buying a new car is more than just figuring out your price limits; it's also figuring out how much money you can get out of the car you're driving now. The best trade in values can often be gotten by doing a bit of research, both on the Internet and on the phone.
The best car trade in values are generally obtained from a car dealership. Certainly, some independent buyers will offer you a bit of money for the car you're currently driving, or even offer an even trade. However, if you're not sure whom you're buying from, there is a very real chance of being fleeced. That's why it's best to take your trade-in to a car dealership, where you can be relatively safe in your value.
Where Can You Find Trade In Values?
Auto trade in values fluctuate depending upon a number of factors. The most important of these factors is the overall condition of your car. Generally speaking, the better the condition of the car that you're going to trade, the more you can expect to realize from the deal. While Kelley Blue Book and the NADA values book were originally distributed as hard copies, and certainly still are, the Internet has quickly become the library of choice for people searching for car trade in values. There are a great many websites where you can get trade in information. If you know the approximate trade in value for your car, you can make sure that the dealer doesn't try to short change you when completing the trade.
Online Sources For Trade In Values
Kelley Blue Book
Kelley Blue Book is the gold standard for automobile valuation. Kelley has become so important and so well known in the industry, that the terms & quot;blue-book" and & quot;blue-book value & quot; have become commonplace in everyday language. After publishing its first book on automobile valuation and auto trade in values in 1926, Kelley quickly become the largest and most respected company of its kind. Car trade in values have been closely linked with their & quot;blue-book & quot; value ever since.
The Kelley Blue Book system is currently used by banks and finance companies to determine whether a vehicle is worth the asking price. If a car's trade in values are less than the amount being asked, the bank will often refuse the loan. Kelley is primarily used online, at www.kbb.com, and since its launch in 1995, has consistently been one of the top-visited sites on automobiles on the web.
The National Automobile Dealers Association is another major competitor for the top spot when it comes to determining auto trade in values. The NADA & quot;Orange book & quot; is often claimed to be the one most used by automobile dealerships when determining the car trade in values that they will pay. While Kelley Blue Book is most often used by individuals, the NADA book value often determines how much a seller will get for their trade-in from an auto dealer. www.nada.org is their official website. NADA publishes pricing information for new and used cars, as well as many types of classic automobiles. Like Kelley, they will also help you find the value of your playthings, as well, including boats, motorcycles, motor homes, and ATVs. They publish more information about more types of vehicles than any other data provider on the market.
What Factors Influence Trade In Values?
There are many factors that can influence the final value of a trade in. The most obvious of these is the overall condition of the vehicle. The condition of the exterior of the vehicle, including the wheels, paint, and body, is perhaps the biggest determining factor. In addition to the exterior condition of the vehicle, however, dealers also take into consideration the condition of the interior, as well. Damage to the seats and carpeting and even fading from the sun can all affect the trade in value of your automobile.
The bottom line is that anytime you decide to purchase a new car, it's important to do your research. By researching the make, model, and condition of your vehicle online, you can better determine how much the trade in values will be. You can find all the information that you need on trade in values either on the Internet, or by purchasing a copy of the buying guides mentioned here. Before you do, though, make sure that you call a number of the dealers in your area where you intend to shop, and inquire as to which car trade in values book they use. They may not tell you, but you have nothing to lose by trying.
When it is time to shop for a new car, there is a right way to trade in cars and a wrong way to trade in cars; if consumers take some simple measures to increase the trade in values of their vehicles, they will be far happier with the purchase of a new vehicle overall.
Maintain Your Vehicle for High Car Trade in Values
It may seem like a common sense solution to the consumer that intends on buying a new vehicle in the future, but you would be surprised by how many consumers neglect proper vehicle maintenance and treatment. The neglect will catch up with the consumer later on when it comes time to trade in the car for a newer model. Therefore, it is imperative that the oil is changed, that the breaks are checked and changed if needed, that the car is properly aligned, and that it is running in peak condition when it is brought to the dealer for trade in consideration. Consumers should keep adequate records of any maintenance performed on the vehicle so that it can be provided to the dealer. If the dealer knows that he or she is working with a maintenance conscious individual, they are likely to give that consumer a higher auto trade in value. Documents indicating every oil change and receipts for brake checks and repairs can later help to elevate the trade in value one receives. For more information about proper car maintenance visit Samarins.com:
Keep Your Mileage Low for Higher Trade in Values
The consumer planning to trade a car in may want to keep the mileage on the vehicle as low as possible. Nowadays, with the rising price of fuel, it is just plain financially sound advice to carpool when possible and to use other alternative forms of transportation. Not only does relying on different forms of transportation and carpooling save money on gas, but it also helps to keep mileage accumulation in check. Meanwhile, while striving to keep your car's trade in value at a maximum, you will also be helping the environment in some instances – carpooling uses less fossil fuel resources, and it also minimizes the amount of pollution generated.
Increase Car Trade in Values
Car trade in values can be increased by consumers looking to get the most for their old vehicle. For those consumers looking to increase car trade in values, they need to view their trade ins as an asset, one that must look its best before visiting the car dealer's lot. Detailing a car so that it is clean and looking good is one of the simplest steps a consumer can implement in order to increase the trade in value of an automobile. A clean car, one that has been polished inside and out is far more likely to receive a higher trade in value than one that looks like it has been through an off road adventure! Heading to the car wash, having the automobile cleaned and waxed, and having the inside of the car vacuumed out are some very necessary steps for the consumer looking to make the most of auto trade in opportunities.
Alternatively, you can choose to detail the car yourself. You will need to take a couple of hours to wash, wax, and polish the outer body of the car to make it look its best. Meanwhile, the interior of the car will need to be detailed too if you are looking to get the maximum in terms of auto trade in values. Dust and polish the dashboard and control panels, and vacuum the seats, the floor, and the trunk's interior. Finally, make sure the car smells good – a good smelling car will get you a few extra dollars in trade in versus one that smells like dust, dirt, or smoke.
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Know When to Negotiate for Higher Auto Trade In Values
Auto trade in values are determined by the dealer. When seeking a new car, it is a good idea to choose the car one desires, to negotiate the price of the new vehicle, and only then is it a good idea to talk about auto trade in values. A dealer is in the business to make as much money as he or she can when they are selling a car to a consumer. Therefore, if the consumer decides to tell the dealer immediately that they have a car for trade in, the dealer may not offer the consumer all of the possible price breaks the consumer can have like rebate offers or a decent annual percentage rates. By talking about auto trade in values last, the consumer is ensuring that they are getting the very best deal they can get from the dealer and that he or she is not shortchanging themselves before the deal concludes.