Tips for Getting the Most Out of Your Trade-In
If you’ve come to a point where you have equity in your vehicle, you might want to consider trading it in or selling it outright. Regardless of your plan, it’s important to take a few simple steps to increase how much you will be offered for your vehicle. At Heritage Hyundai Towson, we’re dedicated to offering you as much as possible for your Hyundai, or any other brand of vehicle you may own as either a trade or a traditional sale. We have a few helpful tips that can potentially get you even more for your vehicle, which gives you the freedom to really level up if you decide to buy a new or pre-owned vehicle. Whether you're ready to trade your vehicle in, or just want to sell it outright, visit any MileOne dealership for your best offer. Before you bring your vehicle in for trade or sale, we recommend that you make an appointment with our service department. Our certified technicians will identify and repair any issue that might keep you from getting the most for your vehicle.
Know Your Vehicle's Worth
While the Heritage Hyundai Towson team is dedicated to offering you top dollar, it's still important to know what kind of offer to expect. That's why we offer an online trade tool that allows you to assess the value of your vehicle ahead of your visit. This knowledge will help you understand what your vehicle is worth before you arrive.
Time it Right
Now is a great time to trade or sell your vehicle. Demand for pre-owned models is at an all-time high and many dealers are experiencing low inventory levels. If you bring your vehicle to Heritage Hyundai Towson now, you’ll be able to get an amazing offer. We're currently looking to replenish our pre-owned vehicle inventory with high-quality customer vehicles, so it's a great time to give us a call or stop by.
Keep up with Maintenance
Preserving the value of your car begins when you drive it off the showroom floor. Keeping up with manufacturer recommended maintenance shows that your vehicle will be reliable for the next buyer and offer more value than a vehicle that wasn’t properly maintained. Keep all of your service records to share with the prospective when you are prepared to trade or sell your vehicle. If you have regularly been bringing your vehicle to the Heritage Hyundai Towson service department for service, we might be able to offer you even more. Knowing that our highly trained technicians have carefully inspected and repaired your vehicle during the course of ownership means we can trust that it will offer incredible value to the next owner. If you need to make an appointment to keep your service up to date, contact us today.
Cosmetic Repairs and Cleaning
One of the most important elements of a trade-in or sale is the cosmetic appearance. If your vehicle has noticeable damage, it may be worthwhile to fix it prior to bringing it into the dealership. This conveys to the dealership that you’ve not only maintained your vehicle but that you also take pride in it. Pay to have it professionally cleaned and detailed also. Presenting your vehicle to a dealership free of stains, dirt, or trash allows vehicle appraisers to get an accurate value of your vehicle.
Identify What Vehicle You Want Next
It’s also a good idea to start thinking about what you want in your next vehicle. If you don't know exactly, ask our sales consultant what has changed since you last purchased a vehicle or think about the things you wish your current vehicle had and make a list. Do you want the latest safety and driver assistance features? Has your family grown and you’re now needing more space? Do you wish your vehicle had higher performance capabilities, better fuel economy, or the best connectivity features available? Regardless, we are dedicated to helping you find the best vehicle to fit your needs.
Furthermore, most states give you a tax credit for purchasing a new vehicle when you trade-in your current one. For example, if your new vehicle costs $20,000 and you have a trade-in worth $5,000, then you only have to pay sales tax on $15,000. If your state’s sales tax rate is 6%, you could save an additional $300 if you trade it in with the dealership where you are purchasing or leasing your next vehicle.
Choose the Right Dealership
Not every dealership is dedicated to offering you the most for your vehicle, but all MileOne dealerships, and the Heritage Hyundai Towson team, appreciate and value how much you’ve invested in your current vehicle. That’s why we make aggressive offers on all vehicles, based on the market value and the vehicle’s condition. We want our clients to come back to us for their next vehicle so we try our best to get you to get the most for your vehicle allowing you to move on to your next favorite car, truck, or SUV. For more information or to get an offer on your current vehicle, Contact the Heritage Hyundai Towson team online today or stop by our showroom at 801 York Road, Towson, MD 21204.