Check Trade In Value On Your Car
Are you ready for a vehicle upgrade, or maybe you want to find something new to drive? At Volkswagen of Marion, we make it easy to find out what your current car is worth, and we make it even easier to trade it in for something new. When you bring your trade-in to us, we will help you every step of the way.
How do I find the trade-in value of my car?
You can find an accurate trade-in value for your used vehicle in just a few seconds using our TradePending tool. This system works better than other tools because it will grab quotes from several sources to give you the best overview of your vehicle’s worth. TradePending is the first market-based pricing tool for customers. It does all the behind-the-scenes work for you by combing the values from Kelly BlueBook, Black Book, and NADA to provide a value base on real cars for sale. It only requires two simple steps and completes its research in just 10 seconds.
Why should I trade in my car?
One of the most important decisions you’ll face after you decide to buy a new car is how to get rid of your current vehicle. The easiest way to do this is to bring it to our dealership and trade it in. When you let our Volkswagen dealership take care of all the time-consuming steps it takes to sell your car, you will have more time to enjoy your new one. Some of the benefits you’ll get when you trade in your car include:
Save on detailing and reconditioning costs
When you trade-in your vehicle at our dealership, you don’t have to put much time and money into getting your car ready for sale. We will do all the necessary work before it’s resold. Instead of putting your money into fixing minor issues and detailing your old car, you can use it as a larger down payment on your new car.
More financing options
Since most people who buy a new car take out a loan, you can often reduce the amount of your loan if you trade in your vehicle at a dealership. We make it simple to use the trade-in value of your old car as a down payment.
Trading in your vehicle means that you only have to work with a dealer throughout the whole buying and selling process. You don’t have to take the time to find a buyer for your car and work through the process of selling before going to the dealership to purchase your new car. When you trade your car in, the dealer will handle all of the transactions for both buying and selling. Just show up with your car, and we will handle the paperwork. Using your car as a trade-in is also faster. You don’t have to make sure you find a buyer and take care of negotiations before getting into your new ride.
Fair offers no matter what time of year
You can get a reasonable offer for your vehicle when you trade it in at a dealership, no matter what time of year it is. Even if the type of car you’re trading in is a convertible and you need to trade it during the winter, we’ll still make a great offer since we have more resources for selling our inventory.
Can I trade in my vehicle if I still owe on the loan?
Yes, you can definitely still trade in a vehicle with a loan. When you still owe on the loan, trading in your car is quick and simple if you do it at our dealership. You first need to determine if you have positive or negative equity. If you have positive equity, it means your trade-in value is more than the amount you still owe, and you can use the extra money as a down payment. If your trade-in value is less than the amount you still owe on your old vehicle (negative equity), you can just roll what you owe into your new loan.
You can find out what you still owe on the loan by contacting your lender to get the payoff price. When you compare this to the trade-in value you received from TradePending, you will find out if you have positive or negative equity. At Volkswagen of Marion, our auto finance center can help you through this process.
How does trading in a car work?
When you trade in your car with us, we will either subtract the value of your current car from the price of your new car, or you can choose to take the difference in cash. If you still owe on the loan, we will take over the loan and pay it off. We will also take care of all the paperwork, including transferring the title.
If you trade in a vehicle that still has a loan, make sure you bring these items to our dealership:
- Loan information, including account number and payoff amount
- Vehicle registration
- Your driver’s license
- Your vehicle’s keys and remotes
- Proof of insurance
We will make the process seamless, so all you need to do is show up with the vehicle and these items.
If you have already paid for your old vehicle in full, all you need to do is bring your vehicle, the registration, the keys and remotes, and proof of insurance.
Give us a call at Volkswagen of Marion to get started on the trade-in process. We have expert staff on hand ready to help you find the trade-in value of your car, make you an offer, and then get you into your new vehicle.