Here at Rick Weaver Buick GMC, we believe the trade-in process should be as smooth and easy as possible. That’s why we offer easy-to-use tools for trading in from the comfort of your home, and why we’re sharing all you need to know about calculating vehicle value when the time comes.
Trade-In Vehicle Value: Behind the Numbers
There are many benefits to trading in a car, like a lower down payment and amount financed, leading to a lower long-term cost of ownership for your Buick SUV. And the more you know about the trade-in process, the easier it will be to get the value of your vehicle every time. Here’s a closer look at the factors and calculations involved in trading in.
Market Value
To start, your vehicle’s value will be contextualized by similar models available on the market. To understand your car’s worth, you can look at how much similar cars are valued during the research process. Rarer vehicles typically have higher trade-in values.
Condition and Repair Needs
The market value is the baseline for calculating your vehicle’s trade-in costs, but other factors can have a significant effect. One such factor is the vehicle’s condition. Cars in good condition, with few or no repair needs, will always fetch a higher price than cars that will need to be upgraded or repaired in the future.
Service and Accident History
In addition to looking over the vehicle, a trade-in team will look at the vehicle’s history of service and accident history. A comprehensive service history will help to maintain your vehicle’s value, which is why it’s always a good idea to schedule routine Buick service and care.
You can learn more about the vehicle trade-in process here at Rick Weaver Buick GMC. Use our vehicle trade-in value estimator to get started today.
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