You’ve probably seen a lot of ads or promotions lately from car dealerships touting how much money used cars are fetching as trade-ins. And if you’re looking to buy a car, this could be tempting. But, before you trade in your old vehicle, there are some important things to know.
It May Not be Worth It
Do you know how much your car is worth? That’s the first thing to think about when considering using it as a trade-in.
If it’s old and beaten up or perhaps in need of some work, it may not have much value. In this case, it probably makes more sense to hold onto it as a backup, or maybe donate it to charity.
Strike While the Iron is Hot
On the other hand, it’s possible that your car still has a lot of value, and now could be the right time to take advantage of this. Once you know what it is worth, this is a great bargaining chip you can use to help you pay for your next car.
Your old car could supply all you need for a down payment or reduce the amount of money you will need to borrow.
Patrick MAZDA Offers Top Dollar for Trade-In Vehicles
If you want to trade your car in for something better, come down to Patrick Mazda and let us know the estimate you got for your vehicle’s value. After we take a look at your car, we’ll let you know what we can offer you for it. If you’re happy with that, we will then help you pick out the right replacement.
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