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How to Trade-in a Car for Cash

How to Trade in a Car – Get Cash for Cars near You with Atlas Auto

How to Trade in a Car for Cash – The fact that every car owner has to embrace is that one day, they will have to let go of their much-beloved vehicle. The difficulty, however, comes in when you have to choose whether to trade your car in or sell it.

Should you trade-in your used car or should you sell it? Help yourself with the following insights before making your decision.

How to Trade In a Car for Cash

Before you try to sell your car to a car buyer near you, you might be considering trading in your car.

The car trade-in process is mainly made up of four steps. These are:

Determining your car trade-in value: Since dealerships are known to offer low price, it is usually up to the seller to contact online pricing experts to get the true value for their trade-in. The sad truth, however, is that very few car owners trade-ins their car for the price that it is worth.

Looking for the trade-in quote: It is then up to you look for the best quote for your trade-in. Again, due to the low price each dealership will offer, you might end up wasting too much time getting the best quote.

Finalising best offer: After going through all the offers dealerships have proposed, you have to finalise on the one that you think is best.

Close the deal: The dealership will let you know everything you need to do for the remaining part of the trade-in process. This could be setting up an inspection which involves you towing your vehicle into the dealership.

You should also know that it is not guaranteed that the dealership will accept your car even after you have gone through the whole process. So getting cash for an unwanted car might be more profitable in this case.

You can then use that cash to rent a new house- as an example. Or a brand new car.

Can You Trade-In A Car With A Loan?

When you contact a dealership about a car you want to trade-in, they will have to inspect it, run some reports and verify the car’s records. In most cases, you will have to tow your vehicle into the dealership without the guaranty that you will get an offer. Here are some of the risks involved in the car trade-in process.

How to Get A Fair Market Value for Your Car

The goal of every car dealership is to make a profit out of the cars they acquire. By offering you a low car trade-in value, they are guaranteed to make a profit when they sell it to another buyer.

Car dealerships will always offer a price much lower than what you would get if you chose to sell the car yourself. All they want is for you to have just enough money to make the down payment for your new car.

You know you deserve better than that. So how to sell a wrecked car near me for cash?

How much is my junk car worth?

Provide your vehicle details and we will give you a no-obligation cash offer.

Dealerships That Buy Cars

This happens a lot. Dealerships will only accept a car trade-in if they are double sure that they will be in a position to resell it within the shortest time possible.

This means that their demand for used cars is easily affected by factors like fuel prices and condition.

Dealerships do not consider maintenance and repair costs

Once you have decided to trade-in your used car, be sure that you cannot recover any money spent on car maintenance and repair costs.

The only hope you have of getting some extra cash for your vehicle is selling it to a buyer like Atlas Auto.

Can I Trade In A Non-Running Car?

Of course, you can, but what does it take? Trading in a car that doesn’t run is easier said than done. Think for a minute about towing fees because you certainly cannot drive your car to the dealership.

Another problem is that since dealerships can’t exactly tell the value of a car that doesn’t run, they will most likely offer you a very low price for your car.

Should I Fix My Car or Sell It?

Well, something that most vehicle owners do not know is that when trading in a used car, any money that was spent on maintenance will not be considered.

If you are wondering why, it is because as the owner of the car, you are responsible for any repair or maintenance cost incurred on your vehicle.

You might get your car fixed or upgraded before trading it in, the dealership will not factor these in when making you an offer. You need to decide if it’s worth it to sell your car as-is.

Atlas Auto Buys Cars in Any Conditions

Atlas Auto buys used cars even if they are not running. We actually tow your vehicle for free regardless of where it is.

Our speciality is buying damaged cars from individuals, companies, and insurance at fair market value.

Whether you have a wrecked Cars, SUVs, 4WDs, Vans, Trucks, Buses, RVs or a late-model car, visit Atlas Auto today to get a no-obligation free offer.

We also make sure that you get paid immediately we pick up your car. We provide same-day car removals and free towing.

So get an offer for your car now to see how much your car is worth.