Sell or Trade Your Car in Jackson, MS
Looking to trade in your car for a new vehicle in Jackson, MS? Herrin-Gear INFINITI provides a fair and honest value when you trade in your current vehicle to us. By using this tool, you will get an estimate for your trade-in, which in turn will assist you in identifying the ideal new vehicle for you. This is an estimate and will require our team to inspect your vehicle in order to give you the final trade-in value.
To get an estimate, simply fill out the trade-in value form below with information about your vehicle. Once complete, one of our sales consultants will reach out to schedule a time for you to come in and have our team inspect the vehicle to confirm its condition and give you a proper quote on the trade-in value.
Benefits of Trading In
Demand for used cars is high and interest rates for financing are low, so the market is ripe for consumers who want to trade in and trade up. But regardless, there are tangible benefits to doing so in just about any financial climate.
If your plan is to sell your old car and then buy something new, or newer, you could do it all on your own by listing your car for sale privately. However, it could take time before it sells, and in the meantime, you’re putting more miles on it and risking it on the road. Think also of the time you’ll be investing, buying “For Sale” signs, creating classified ads for multiple online platforms, fielding phone calls and emails, and most inconvenient, arranging appointments with prospective buyers. Trading in is obviously much more convenient. Bring your old car to the dealer, and drive away in the car of your choice.
The primary financial benefit is that the value of your vehicle reduces the amount of financing you’ll need to upgrade. The higher the trade-in value, the lower the percentage of the purchase price you’ll need to finance. An additional benefit is that most states only charge sales tax on the amount financed, so the trade-in portion of the transaction is sales-tax-free. Private sellers do not receive this tax advantage.
Many dealers offer more financing options to customers who include a trade-in as part of the deal. Some may even offer a discount on the purchase of a new vehicle from their inventory.
Getting the Most Value for Your Car
Since you would want your trade-in to account for as much of the purchase price as possible, how can you get the most value for your car?
Present the best appearance. Taking good care of your car helps to keep its value high. So if trading in is part of your overall strategy as a car owner, work to keep your car in pristine condition. And before going to the dealer, invest in detailing or even getting minor cosmetic repairs done in order to make a good impression.
Trade in while mileage is still low. Most vehicles will begin to require substantially more costly maintenance and repair once they’re past a certain mileage. Depending on the make and model, this may be somewhere between 100,000 to 150,000 miles. So again, if trading in is part of your ownership strategy, try to do so before the mileage diminishes its value.
Provide a professional estimate for any pending repairs. The reality is that sometimes no matter how good we take care of our car, there will be signs of needed repairs or maintenance. If that’s the case with your car, get a professional estimate for the cost of repair and arm yourself with a copy before visiting your dealer. This eliminates guesswork when valuing the trade-in.
So how does the trade-in process work and what steps can you take to make it smooth and stress free?
Do your research. Before going to a dealer, know the value of your car, and know your bank account. Valuable time and resources can be wasted if you don’t have a good idea of what your vehicle may be worth and how much you can afford to finance. Many dealers have online tools for requesting an estimate of the value of your trade-in. Some consumers request such estimates from multiple dealers as part of their personal research. Remember that dealers appraise vehicles at their wholesale value, not retail, so you can expect to lose a very small portion of the value for the convenience of a trade-in.
Make an appointment. Dealerships are busy places, so to make sure you have the undivided attention of a qualified sales rep, schedule an appointment by phone or online.
Prepare your car. Wash, wax, and detail your car to make a good first impression. If minor cosmetic repairs can be made inexpensively, this may increase its trade-in value.
Know what you want. Besides knowing the approximate value of your car, know what vehicle you want to purchase. In harmony with this, some prefer to negotiate the price and terms of the new vehicle they’re in the market for before negotiating the trade-in. Either way, as long as you understand the terms of the trade-in and of the purchase, you will be forging a lasting relationship with your dealer. In fact, the next time you want to trade in, you may prefer to go back to the same dealer based on the relationship you’ve built.
Let Us Help You
So if you’re looking to trade in your car for a new vehicle in Jackson, MS, Herrin-Gear INFINITI provides a fair and honest value when you trade in your current vehicle to us. By using our trade-in value form, you can get an estimate for your trade-in, which in turn will assist you in identifying the ideal new vehicle for you. Remember, that this is just an estimate and our team will actually have to inspect your vehicle in order to give you the final trade-in value. Once you’ve completed the form, one of our sales consultants will reach out to schedule a time for you to come in and have our team inspect the vehicle to confirm its condition and give you a proper quote on the trade-in value.
At Herrin-Gear INFINITI, our professional sales team is prepared to assist you in getting the most out of your trade-in. Contact us today for an easy, hassle-free journey to a fair trade-in and the new car of your choice.