How to Increase Your Trade-In Value

increase your trade-in value

increase your trade-in value

New cars are pretty expensive and, with higher trims and more luxury options available, prices aren’t likely to drop significantly. Fortunately, you can reduce the cost of a new car by trading in your used model. Getting the most out of your used vehicle starts well before you head to the dealership to buy a new car, though. Here are a few ways you can increase your trade-in value and get the most for your vehicle, from us here at Riverhead Hyundai!

  • Maintenance – Properly maintaining your car is beneficial in both the short and long term. You’ll enjoy a properly functioning, a problem-free vehicle and the dealership will give you more for your car most of the time. Taking care of your vehicle starts with routine maintenance and the manufacturer-suggested service schedule in your owner’s manual!
  • Documentation – The second part of maintenance is documentation. Without proof of routine maintenance and service, it’s almost like it never happened. Keep receipts and service records that show what work you’ve had done on the vehicle. The dealership will often value your vehicle higher as a result.
  • Shop – Not every dealership will give you top dollar for your used vehicle. Shop around at different dealerships and see which one gives you the best. Make sure not to compromise the new car you want for a slight increase in the value of your trade-in vehicle!

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