How to Trade in Your Car

The team here at Fremont Motor Companies is dedicated to making sure drivers all over Scottsbluff, Nebraska; and Sheridan, Riverton, Lander, Cody, Casper, Rock Springs, and Powell, Wyoming, have all the information they’ll need to navigate the car-buying process.

To help out in this regard, we’ve put together the following guide about how to trade in your car. Take a moment to read through this valuable information to be fully prepared from start to finish. Don’t hesitate to reach out to a member of our finance staff via email or phone if you have any questions as you’re reading along. We’ll be happy to answer them for you right away.  

Value Your Trade

How Do I Find Out My Trade-in’s Value?

The first step to trading in your vehicle is to get an accurate sense of how much it’s worth. This can be accomplished online by making use of the pricing guides you’ll find there. A few of these include:

• Edmunds
• Kelley Blue Book
• NerdWallet

Using these tools will help you get a trade-in price range that will inform your negotiations at the dealer.

How Do I Get Trade-in Quotes From Dealerships?

You’ll want to get quotes from several dealers to stay inside that target price range. To do this, simply call them or send an email. From this list, pick at least two dealerships you’d like to make an appointment to visit in person.

What Materials Do I Need When Trading in My Car?

There are a few items you’ll want to have along with you when you visit the dealership to trade in your car. These items are:

• All keys to the vehicle
• Your driver’s license
• The vehicle’s title
• The current vehicle registration
• The auto loan payoff and account information (if applicable)

What if I Owe More Than the Car Is Worth?

If you owe more than the vehicle you’re trading is worth, this is called being “upside-down” on the loan. You’ll then have to pay the difference. If you own the vehicle, the trade-in value is taken out of the price for the new car. If your trade-in is worth more than the car you’re purchasing, the dealership will provide you with a check for the balance owed to you.

Related Posts:

• Where Can I Trade in My Car?
• How Can I Boost My Car’s Trade-in Value?
• What Is the Trade-in Value of My Car?

Begin the Trade-In Process Today at Fremont Motor Companies

Now that you have a better idea of what’s involved with trading in your car as well as a few valuable points to remember as you go through the process, you’re ready to get started. We here at Fremont Motor Companies would like to invite you to come take advantage of our useful resources as well as utilize our knowledgeable staff of experts. They’re standing by to assist you in any way they can.

If you’re in Powell, Sheridan, Lander, Riverton, Cody, Casper, Rock Springs, WY; or Scottsbluff, NE, contact our team today to schedule a test drive.