Trade-In Value At Southside MitsubishiLearn more about trade-in value, the value of your vehicle, how to calculate the trade-in value for your car or if you should sell or trade-in. At Southside Mitsubishi, we are delighted to answer any questions or concerns you may have.

What Is Trade-In Value?

The trade-in value of any car is the monetary value you are likely to get if you sell it to the dealership. To find out how much your trade-in vehicle is worth, use our estimate trade-in tool found under our auto financing tools. Depending on the make and model of your car, you can receive more for your vehicle.

How Much Is My Car Worth?

First, you would need to determine the current market value for the make, year, and car model. You would also need to compare your car's age to its mileage. Ensure that your vehicle is clean and well maintained to help you get the best offer, and then have a separate inspection by the dealer.

Increase the value of your vehicle by getting a safety standard certificate. Having all your paperwork ready by keeping all your vehicle's service records, reporting the vehicle's history, and proof of your vehicle's title will prove beneficial.

Should I Sell or Trade-In My Car?

There are no guarantees for car owners selling their used vehicles. You could also spend a lot more effort and time advertising, meeting prospective buyers, providing test drives, and still getting no value or low-value offers. Also, you would need to agree on a secure deposit, and as long as your buyer doesn't change their mind, you will need to transfer your ownership documents once you have received the security deposit.

When do I trade my car in to get the best value?

Maintain your car's mileage to remain well under 100,000 kilometres. Keep your vehicle in the best condition possible with automobile servicing and checkups. Timing is everything. Late winter is the best time to increase the likelihood of getting the most generous offers from dealers.

How do car dealers determine trade-in value?

Dealers have access to the same online auto assessment tools as you do. You may be surprised how many unique offers you get for your vehicle. Other factors include your vehicle's popularity, how easily and quickly it can be sold. If the dealer has similar cars to yours in stock, they may be less excited about accepting your trade-in.

Contact Us

Contact us at Southside Mitsubishi to learn more about valuing your trade-in.