Trade-In FAQ's

Trading in a vehicle is a popular choice for many people shopping for their next vehicle. If you're interested in trading in your vehicle but you're not entirely sure how the process works, we've compiled some answers to frequently asked questions about our trade-in process. Read on to learn how our trade-in process works and how you can get started today at Huffines Chevrolet of Lewisville.

Why Should I Trade In My Vehicle?

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Trading in your vehicle is a great way to lower the price of your next vehicle. When it comes time to buy a new car, you may not need your existing one. Rather than spending time and effort trying to sell your vehicle to another buyer, you can trade your vehicle into the dealership. The dealership will then subtract the value of your trade-in from the cost of your next vehicle. It's a much simpler process, allowing you to swap one car for another, all while making your next purchase more affordable.

What Determines the Value of a Trade-In?

How much you can get for your trade-in depends on several factors. Some of the most important factors include the make and model of the vehicle, the manufacturing year, the number of miles on the vehicle, and its overall condition. For example, a vehicle with significant damage or in need of repairs will have a lower value than one that's in great shape. 

How Much Can I Get for My Trade-In?

You can use our trade-in calculator tool to work out how much you can get for your trade-in. This tool will collect some basic information about your vehicle, such as the year, make, and model. It will then ask for more specific information, such as the condition of the vehicle and any specific options included with your vehicle. Once you input all the necessary information, the tool will compare your vehicle against similar ones in the area. We will then use this information to provide you with a value for your trade-in.

To collect your money, all you need to do is bring your vehicle to us. We'll perform a quick examination to ensure the car matches the information you provided. As long as everything checks out, we can give you the estimated amount returned by the calculator.

How Can I Get More for My Trade-In?

There are a few things you can do to attempt to raise the value of your trade-in. Start by cleaning out the vehicle and giving it a good wash. This should help you to determine whether there are any minor dents or scratches you can remove from the exterior, as this will help improve the curb appeal of your vehicle.

Beyond that, you can explore performing repairs on your vehicle. It's a good idea to get an estimate as to the costs of any repairs and replacements first. Then, compare the cost of these repairs with the value you expect to get from the improved condition. In other words, don't spend money investing in repairs if you won't get at least an equal amount in return when trading in the vehicle.

Should I Clean My Car Before Trading It In?

Cleaning out your vehicle is a good idea before trading it in. For starters, there may be things in your car you want to keep before you give it over to the dealership. Cleaning out your vehicle also provides a better first impression, which helps you get the most value from the vehicle. You don't necessarily need to do a significant amount of cleaning, but taking out any garbage and giving your car a quick bath is a good idea.

How Does the Trade-In Process Work?

The trade-in process here at Huffines Chevrolet of Lewisville is very simple. First, you'll want to decide on your next vehicle. You can browse through our current inventory of new vehicles or check out our used options to see whether there's something you like. After that, use our trade-in calculator to get an estimate of your vehicle's value.

Next, contact us to schedule a visit to our dealership. Once here, we'll show you any vehicle that interests you and take you out for a test drive. The final step is to simply decide on a vehicle, and we'll use the value of your trade-in when determining how much you need to pay for your new car. Our goal is to make the trade-in process as simple and quick as possible.

What Do I Need To Bring to My Vehicle Trade-In?

When you plan to trade in your vehicle, there are a few documents that you'll need to bring with you. You'll want to bring a copy of your driver's license, your vehicle registration, your proof of insurance, and the deed to your vehicle. Having all these documents on hand when you arrive at the dealership will help speed up the trade-in process.

Can I Trade In a Vehicle With Negative Equity?

Negative equity is when you owe more on a vehicle loan than the value of a trade-in. It's possible to trade in a vehicle with negative equity, but you'll need to pay the difference between the vehicle's value and the loan amount. For more information about trading in a vehicle with negative equity, please speak with our finance center.

Learn More About Trading In Your Vehicle at Huffines Chevrolet Lewisville

Get fair value for your current vehicle and make purchasing your next car more affordable at the same time by trading in your vehicle to Huffines Chevrolet in Lewisville. We have a wide selection of new and used cars for you to consider, with more vehicles coming in all the time. Our finance center is always available to help you find the perfect next vehicle and walk you through the trade-in process. Please contact us today to schedule a visit to our dealership or to ask us any questions. We look forward to hearing from you.