When you buy a new car in Lexington, you can save money by trading in your current car. At Jack Burford Chevrolet,inc., we make the trade-in process quick and hassle-free — so you can get on with finding your dream car and pay less while you’re at it! In the guide below, our finance center  experts break down how to trade in your car into three simple steps to help you get started.

Step 1: Estimate Your Vehicle’s Trade-In Value

Reached the end of your Chevy Equinox lease term? Before you can trade in your car, you need to have an accurate idea of its current market value. That way, you can negotiate for a higher selling price if you’re offered an amount that’s lower than market value. Here’s what you need to know:

• Kelley Blue Book and Edmunds are great resources for an accurate estimate of your vehicle’s trade-in value. Our free online Value Your Trade tool can also provide a reliable, instant estimate!
• Aside from your vehicle’s make and model year, other factors like upgrades, condition, and maintenance history may all influence its trade-in value.
• Research how much similar cars have sold for recently in the Winchester area.

Step 2: Get Your Vehicle Appraised

Next, you’ll visit the dealership where you’ll be buying your new vehicle to have your current car appraised. This means that certified technicians will carefully inspect your car for condition issues, damage, or aftermarket parts that could impact its trade-in value. As long as you’ve kept up with your car’s recommended maintenance schedule, used only Chevrolet OEM replacement parts, and never been involved in a collision with this vehicle, the amount shouldn’t differ significantly from the estimate.

Step 3: Negotiate and Accept an Offer

Finally, you’ll receive an offer from the dealership and decide whether or not you want to negotiate for a higher amount. If the offer is below market value and the appraisal doesn’t turn up any problems, there’s definitely room for negotiation. If you’ve done your research, this is where it will pay off!

Why Trade-In Your Car with Jack Burford Chevrolet,inc.?

We want to buy your car! The trade-in process is more or less the same no matter where in London you go to trade-in, but we offer these perks when you choose our dealership:

• Even if you don’t ultimately trade in with us, we offer a free evaluation and appraisal of your vehicle.
• You can access a quick and hassle-free appraisal with our service lane.

Lease or Finance a New Chevrolet in Richmond 

We know that learning how to trade in your car can be complicated, so we’re here for you if you have any questions about the process. Even if you’re still making payments on a financed car, you can still trade in for a vehicle you love even more! Reach out today to start exploring your options.