How Do Dealerships Value My Trade?

Handing Keys OverTrade-in offers are a common practice among those looking to upgrade their vehicles. However, you’d be surprised to know that not all drivers understand how dealerships determine the value of their trade.

We at Faulkner Maserati Willow Grove believe in being as straightforward as possible with our drivers so that they can better understand the trade-in process.

If you’re looking to accept an offer near Willow Grove, Horsham, and Abington, PA, read below to learn more about our online tools, how to boost your trade’s value, and more!

Our Trade in Value Tool

A great way to see what factors determine your trade-in is by using the ‘Value Your Trade’ tool found on our website. With this, drivers can simply input basic information about the vehicle you’d like to trade and receive an estimate within minutes.

Some fields you’ll be prompted to fill out include the vehicle’s make, model, year, and mileage.

We’ll then give you a supply and demand analysis based on the current market. We use this to create an estimated value and create a detailed graph showing the value of other comparable models.

From there, you can choose to continue with trading in your vehicle all from the comfort of your home or office. If you do, within 10 minutes you’ll receive an official offer that is good for up to five days. Choose to accept and select a time to drop off your trade.

How to Boost My Trade-in Value

However, your model, mileage, and popularity aren’t the only things dealerships look at when valuing your trade-in. Dealerships are also looking at the condition of the vehicle.

Generally speaking: the better the condition, the better the offer. So, if you’re looking to boost the value of your trade, you could start by Detailing Carrestoring your vehicle to its best condition possible. Here are some suggestions on how to do this…

  • Stay updated on routine maintenance: Make sure you’re following your vehicle’s service timeline properly so that when it comes time to trade in, it’s as healthy as can be.
  • Fix minor issues: Buff out those pesky dings, dents, or scratches. Fix that broken taillight, too—all this can majorly affect your trade’s value.
  • Get your car detailed: Have a professional restore your interior with a thorough vacuuming, wipe-down, and waxing.

Factoring Your Trade

Two Woman Discussing Over ComputerFactoring in your trade starts with our finance application. This is a quick, simple, and free online form for drivers who are curious about their payment options. You’ll fill out your contact information along with your employment and income information. Soon, one of our financers will be in contact with you to further discuss your application.

In the meantime, scroll through and click some of our helpful finance tools like our Payment Calculator. This automatically calculates your potential monthly car payment based on the numbers you input. Narrow down a monthly payment that works best for you. That way, you can stay one step ahead when sitting down with us at our financial center.

Find Out the Value of Your Trade Today!

We hope that by reading this, drivers now understand more about how we come up with our trade-in offers, as well as notable ways to increase the value of your trade.

Get trading with Faulkner Maserati Willow Grove today. Next time you’re near Willow Grove, Horsham, and Abington, Pennsylvania, swing by our financial center for a consultation! Contact us today.

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