2. Tip # 1
Educate yourself. Get a copy of
the Kelly Blue Book to find out what
the value of your trade-in really is.
You won’t be disappointed if you go
to the dealership knowing what to
expect.
3. Tip # 2
Be realistic. Keep in mind you
will never get as much on a
trade-in as you would selling
the car yourself and you won’t
be disappointed.
4. Tip # 3
Keep it clean. A clean car is obviously going to
garner more trade-in value than a dirty one.
Give it a thorough cleaning and shampooing,
and consider new floor mats as well.
5. Tip # 4
Do reconnaissance. Check out the
dealerships where you are considering making
your purchase. If they have three or more of
your old car already on the lot for sale, they will
be less interested in giving you a higher trade-in
price.
6. Tip # 5
Be a negotiator. Perhaps the dealer would be
willing to give you a longer warranty for free in
exchange for a higher trade-in price. Be willing
to haggle a bit for the best deal.
7. Tip # 6
Be nit picky. Taking care of small details such
as a burnt out turn signal light or little nicks and
scratches can make the difference between a
good trade-in price over a bad one.
8. Tip # 7
Set the stage. Make sure the car is empty of
your personal effects. If the dealer can envision
your old car on their lot as a sellable vehicle you
may get a better price.
9. Tip # 8
Paperwork matters. Having the service history
paperwork immediately increases value in your
car, as it is a living record of how well the
automobile has been cared for.
10. Tip # 9
Disclosure counts. Be up front with the dealer
about any major problems the car has. Believe it
or not, honesty often earns a better estimate for
your trade-in.
11. Tip # 10
Be wary. If a dealer offers you a ridiculously high
offer on your trade-in you may be looking at a
dealer who is planning to jack up the price of the
new car you have your eye on. If something sounds
too good to be true, it usually is.
12. Tip # 11
Bonus Tip.
Know if your car still
has its base warranty.
Dealers like to have cars
with warranties that they
can use to repair the car
under warranty before or
after its resale.