Valuing Your Trade for the Best Deal on a New Car

Are you ready to buy a new car but looking for some ways to save some money in the process? If so, you may want to consider valuing your trade. Doing so can get you the best deal on a new car. 

At Preferred Chrysler Dodge Jeep of Muskegon, we have years of experience helping Ludington and Holland residents value their trade. Here’s what you need to know about getting started: 

How Western Michigan Residents Can Value Their Trade at Preferred Chrysler Dodge Jeep of Muskegon

Preferred Chrysler Dodge Jeep of Muskegon makes it easy to value your trade. To get started, all you have to do is visit our homepage, click on “Used” in the menu at the top of the page, and then “Value Your Trade.” 

On this page, you’ll be prompted to fill out details about your current vehicle, including the make and model, year, trim, mileage, color, and VIN. You’ll also be asked to estimate how many payments you currently have left. 

Once you do, you’ll then be asked to list features your vehicle has, such as side airbags, CD player, alarm, cruise control, or heated seats. If your vehicle doesn’t possess any of the listed features, no worries - just skip to the next page. 

The next few pages will ask you about the condition of the car, including whether it has any defects or blemishes. Then, you’ll submit your contact info and the kind of vehicle you’re interested in getting. Keep in mind that you always have the option to change your mind once you’re at our lot, but adding it right now will help us get an idea of what kind of trade is comparable to what you currently own. 

Benefits Great Lakes Drivers Can Expect from Valuing Their Trade

There are many excellent benefits of valuing your trade in Northern Shores and Coopersville. Here are the top three: 

Lower Payments

Unless you pay for your brand-new car in full, you can expect to have monthly payments until it’s paid off. Depending on the make and model of the car, these payments can sometimes get a little pricey. However, you can lower your monthly payments by trading in your vehicle. 

When you trade in a vehicle, you’re essentially using it as a down payment on your new vehicle. Depending on how your current car is valued, this down payment could be a few thousand dollars. 

As with buying a house, the more money you put down upfront, the less expensive your monthly payments will be. This is even more reason to take great care of your car. You never know how much it could end up helping you down the line. 

You Won’t Have to Finish Paying off Your Current Vehicle Loan 

Maybe your current car loan is getting to be a bit too much for you. If so, you can trade your vehicle in for a new car that, as mentioned above, may lower your monthly payments. 

When you trade in your car, the dealership will pay off the remainder of your loan based on the value of your car. That value is used as a credit; however, keep in mind that you may still owe money depending on the circumstances. 

This is just one of the many benefits of trading in your car if your monthly payments are getting to be too much for you and want to explore more affordable options. 

You’ll Be Able to Buy a New Car Faster

When you’re interested in selling your car, one option is to sell it to someone through a private sale. However, there are some caveats to this. First, you will have to have your car paid off before selling it unless you find someone to take over payments, but this isn’t necessarily easy. 

Second, you may get a lot of interest, but people are more likely to back out of private sales in favor of buying a certified pre-owned vehicle. Simply put, trying to sell a used car privately may take forever, but when you trade it in at a dealership, you can do so and drive home in a new car - all on the same day. 

Visit Preferred Chrysler Dodge Jeep of Muskegon and Value Your Trade Today!

Valuing your trade is an easy way to save money on the new vehicle of your choice. When you’re ready to do so, the team at Preferred Chrysler Dodge Jeep of Muskegon is here to help. 

We make valuing your current vehicle easy. Stop by anytime Monday, Wednesday, and Thursday 9:00 am - 8:00 pm, Tuesday and Friday 9:00 am - 6:00 pm, and Saturday from 9:00 am - 3:00 pm. Our “We Buy Cars” dealership is an easy 30-minute drive from Hudsonville at 3146 Henry St, Muskegon, MI 49441. We’re here to help you every step of the way, including submitting a finance application.