How To Trade In a Car in 5 Steps

When you’re ready for a new car, you might decide to trade in your old one. A trade in gives you a credit toward the purchase of a new or used car. Plus, trading is typically easier than selling your car to a private buyer, and it can save you time and stress.

If you’re getting ready to trade in your car, there are a few things you should do before you head to the dealership, like research the value of the car and get the car cleaned. You can use our buyer’s guide to help you through the trading and purchasing process of your next vehicle.

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How to Trade In a Car

Trading in your car is relatively easy, but you can put in some extra work to ensure you get the best value for your vehicle. Follow these five steps to trade in your car successfully:

1. Value Your Car

Finding the value of your car is an important part of the trade-in process. When you know your car’s value, it’s harder for dealers to undervalue your trade. You can use online tools, like Car and Driver’s, to find your car’s value based on the make, model, year, mileage, condition, and trim level, and get a realistic trade-in offer.

Other factors such as supply and demand, the time of year, and gas prices can also affect the value of your trade. Having an estimate of your car’s current worth and average sale price can help you negotiate your trade…

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