How to Trade In Your Car

If you’re getting ready to purchase a brand new vehicle, you might be wondering just how to trade in your car. If you’re located in the St. Charles area, it’s simple – and Lexus of Naperville is here to help you every step of the way. With the right research and preparation, you can score an amazing deal on your trade-in and drive away in the new vehicle of your dreams. Let’s take a look at how to get there.

Trade-In Process: Step by Step

Learning how to trade in your car isn’t difficult, but if you want the best results, it’s worth your time to do some homework. Here are the three basic steps:

1. Quick estimate
2. In-person appraisal
3. Final negotiations

Quick Estimate

For this first step, you don’t even need to leave your Geneva living room to get the work done. Consult online tools like Kelley Blue Book® or Edmunds True Market Value®, as well as our Value Your Trade tool from Lexus of Naperville to get a quick estimate of your car’s value. This will give you a ballpark figure for the rest of your negotiations.

In-Person Appraisal

Your quick estimate will give you a rough idea of what to expect at the dealership, but your in-person appraisal will be much more in-depth. An expert from the dealership will take all factors into consideration: vehicle’s make, model, year, current condition, and maintenance history. Many customers expect factors like model and mileage to impact their trade-in value the most, but your maintenance history might play the biggest role – so it pays to keep up with your maintenance appointments around Aurora!

Negotiation Process

Finally, it’s time to make your final negotiations. If your in-personal appraisal is far off from the estimates you received online, now is a good time to compare figures. Leverage your research to try to get a better deal. And once you’ve come to an agreement, sign the contract and you’re ready to go. In fact, you might end up with cash in hand!

Learn More with Lexus of Naperville

You’ve learned the steps of how to trade in a car, now put them into practice at Lexus of Naperville. Contact us to start the trade-in process and find your next vehicle today!