How Do Dealerships Value My Trade?

As you begin the trade-in process, you might be wondering, How do dealerships value my trade? This is a worthwhile question. Knowing what creates value in your car will set you up for success when it comes time to trade it in.

At Ray Price Honda, we're always looking to accumulate used models. Trade-ins are one of the most effective ways for us to do this. Here's a brief rundown of trade-in value and other financing insights to help out drivers around East Stroudsburg, Stroudsburg, Bethlehem, Jim Thorpe, and Easton, PA.

How Do I Learn My Trade-In's Value?

There are a few factors that will jump out straightaway when a dealership is determining your trade-in's value. The most prominent include:

• Make, model, model year, and trim level
• The mileage
• The overall interior and exterior condition
• Vehicle history report

First, the type of model you have is obviously a factor. Even the trim level you have can play a role, as certain desirable features are only offered on certain trims for specific cars. No matter what you happen to be trading in, however, our dealership is happy to consider it. We like to provide locals looking for a used model with a diverse inventory to pick from.

Next is the mileage. The fewer miles on your car, the higher the value. Perhaps more important than the mileage is the overall condition, though. You can have a high-mileage car that returns strong value, so long as you've kept it in good shape. A clean, dent-free exterior with a pristine interior is a good start.

Lastly, there's the vehicle history report. Dealers want to see that the model was taken care of over time. Service records, plus any insights on past accidents, are helpful when trading in your car.

How to Improve Your Trade-In's Value

Getting a boost on the trade-in value of your car can be accomplished a few different ways. First, you want to be sure the model is in good shape. Cleaning out the interior is a strong start. Taking a run through the car wash is also helpful. If the model has any exterior dings or dents, you'll want to iron those out as well.

A quick pop into the service center before trading in the car is also savvy. The model should be up to date on any service requirements, whether it's an inspection, part replacement, oil change, or anything else.

Finally, be sure you have the vehicle history report on hand. It's a helpful way for dealers to learn about your car.

Receive a Value for Your Trade-In near Stroudsburg PA

You don't have to move from your current location to receive a trade-in estimate on your model. Instead, just use our Ray Price Honda online trade-in calculator. You'll quickly receive an approximate trade-in value after you place basic information for your car into the calculator.

From there, just stop by, or contact our dealership. We're always looking to accept trade-ins around East Stroudsburg, Stroudsburg, Bethlehem, Jim Thorpe, and Easton, Pennsylvania.