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How To Sell A Car To A Dealership In Beamsville

How To Sell A Car To A Dealership In Beamsville

If you’re financing a new car purchase, trading in your old car is an excellent way to reduce the auto loan you’ll need and supplement a down payment. But you may be asking yourself 'how do I sell a car to a dealership?' do you just drive to the dealership and ask for a price?

 

Our Beamsville auto loan team outlines your options.

 

Sell A Car To A Dealership As A Trade In

 

A trade in can either supplement or replace a down payment. It helps reduce the amount of auto loan you’ll need for your next purchase and can even help influence whether you’re accepted for a new loan or not.

 

Before you drive to the dealership, you should complete a couple of tasks first.

 

Make your car presentable

 

The better your old car looks and sounds, the more likely you are to be able to trade it in. The less work the dealership will have to do to prepare the car for resale, the better the price you’ll get.

 

Make any minor repairs, address any chips or scratches, check the windshield for cracks, check the tires and replace any that are too worn, check the engine bay and replace any cracked hoses or obvious defects.

 

You don’t have to spend a fortune but taking care of all these little jobs can seriously improve the price you may be offered.

 

Then give the car a thorough clean inside and out. You don’t have to detail it but make it look as good as it can.

 

Research values

 

You should arrive at the dealership knowing the approximate value of your car. That means researching Edmunds, Kelley Blue Book, and Canadian Black Book for your exact make, model and trim level.

 

You can also check eBay, Auto Trader and other websites too. Just remember that dealerships won’t pay you retail value for the car.

 

Figure out what you’re doing next

 

Are you just selling the car or trading in? If you’re trading it in, you need to prepare for the Beamsville auto loan too. Check your credit score, prepare your down payment, prepare the paperwork for the car and take copies of all the paperwork for the loan.

 

Get preapproved for an auto loan so you know your budget, add that to the approximate value of your car and your down payment and then you’re ready to visit the dealership.

 

Trading in at a dealership

 

Most dealerships want good quality used cars as the market is very strong right now. If your car is in good repair and you ask a fair price, you’ll probably get it.

 

Your research, your preparation and your negotiation skills will do the rest!

 

If you are trading in and are planning to buy a new car, keep the two separate. Some dealerships will offer a high value for your trade in but not such a good deal on the new car. Keeping the two separate ensures you know exactly where you are.

 

Trading in your old car is easy. As long as you properly prepare and make it look the best that it can be, you should get a fair price and a fair deal on your new car.

 

If you don’t, come see us. We always deal fairly.

 

We will use all our skill and experience to deliver the lowest possible Beamsville car loan rates, guaranteed. Contact Car Nation Canada Direct to learn how we can help.

 

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Categories: Auto Loan

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