Kelley Blue Book Trade-In Tool
Are you in the market for a new vehicle? Do you already have a vehicle that you are unsure what to do with now? We would be happy to help by taking your old one off your hands. To determine how much your vehicle is worth, you can check the value through our Trade-In Value Tool, powered by Kelley Blue Book. You will receive an Instant Cash Offer — which you can convert to trade-in credit for a new vehicle — or you can sell us your old vehicle outright.
We pay top dollar for trade-in vehicles. And with our value tool, you will receive a value for your vehicle within seconds. This prompt, fair offer eliminates all the online research, guesswork, and lowballing from potential buyers.
Why Trade In Your Vehicle
There are multiple advantages to trading in your vehicle rather than selling it independently. First off, trading in saves time. Selling a vehicle on your own can be a huge hassle. You have to deal with listing and advertising the vehicle, scheduling viewing times, negotiating, and more. Naturally, these stages take time. So, if you need the vehicle sold so you can get the down payment money for a new vehicle, your dream car might be gone by then. It’s not uncommon for private sales to take four to six weeks — or even longer in some cases.
You’ll also save some money by trading in the vehicle as you won’t need detailing costs and reconditioning expenses. People buying vehicles expect them to be clean and fresh, much like a vehicle they would see on a dealer lot. That means you have to spend money to get your old car looking sharp for every potential buyer. When you trade in your vehicle, Applegate Chevrolet will absorb all those costs, along with the costs of advertising it.
Also, trading in your automobile can reduce your sales tax liability. When you buy a vehicle outright, you’ll have to pay sales tax based on its purchase price. But if you trade in your old car, you can reduce your sales tax liability. You will only be liable for the sales tax difference between the purchase price of your vehicle and your trade-in.
Another perk of trading in is that you won’t have to pay off your existing loan in full right now. Having outstanding payments on a loan could discourage potential buyers as you don’t have a title you can hand over to them. When you trade in your vehicle at Applegate Chevrolet, we will work with you to get the loan paid off and help you drive off with the vehicle of your dreams.
Finally, another major advantage of trading in your vehicle is that you know the transaction is safe. You don’t need to meet up with strangers or have people at your home. Even if you meet them somewhere away from your home, you may feel uneasy. Not to mention the risk of being scammed. Some savvy thieves use counterfeit bills, forged cashier’s checks, or other fraudulent payment methods. They can even cancel PayPal transactions or wire transfers in some cases.
And what if the vehicle breaks down immediately after it’s sold? The buyer will expect you to make it right. When you trade in your vehicle at Applegate Chevrolet, you don’t have to worry about any of these issues.
Steps for Trading In Your Vehicle
When you are ready to trade in your vehicle, click the Kelley Blue Book Trade-In Tool on our page. Start by telling us about your vehicle. We need to know its condition and specific features. Enter your vehicle identification number (VIN) for the most accurate results. Your VIN is 17 digits on your vehicle registration, on your insurance card, inside the driver’s doorjamb, or on the driver’s side dashboard. If you don’t have your VIN, you can enter the year, make, model, style, and mileage of your vehicle.
The tool will ask you a series of questions on different screens, including:
- Vehicle modifications: These include color, transmission, special features and equipment, entertainment and instrumentation, safety and security, and keys or remotes. You’ll also state whether your vehicle has ever received any modifications.
- Vehicle history: This entry requires you to confirm whether (a) you’re the original owner, (b) the vehicle has ever been in an accident, (c) it has been to an auction in the last 45 days, and (d) it has ever been used as a rental car.
- Vehicle condition: Add optional photos of the front, rear, passenger, and driver sides of the vehicle. Mark off spots on the vehicle where there is damage or wear. Also, detail the condition of wheels and brakes, warning lights, interior condition, and mechanical issues.
On the last page, you will be asked for your contact information so we know where to send the Instant Cash Offer. You will answer a couple of questions about whether you plan to replace your vehicle and what type of vehicles you are interested in — i.e., new, certified pre-owned, or used.
Once you receive your Instant Cash Offer in your email, you can decide how best to move forward. This offer is only valid for seven days. You can still resubmit your details after seven days, though the offer amount might have changed.
If you decide to move forward, bring your vehicle in to Applegate Chevrolet. One of our knowledgeable representatives will verify your offer based on the questions you answered through the tool online. The Instant Cash Offer will be the same whether you decide to trade in your vehicle or sell it outright. You will receive either cash or trade-in credit.
Most Instant Cash Offers will fall within the Kelley Blue Book trade-in value range. However, if your offer falls out of range, there might be some reasons for that difference. It could be because of market volatility, excessive damage, mechanical issues, vehicle modifications, reported issues, the vehicle’s specific condition, modified suspension, among others.
To learn more about trading in your vehicle, contact us or stop by our showroom to speak with one of our friendly sales reps. They will answer all your questions.