Sell Us Your Vehicle
Sell Us Your Vehicle
When you’re shopping for a new Chrysler, Dodge, Jeep, RAM, Wagoneer for sale near Lexington, or even a used car for sale, it’s good to know how much money you can expect to get from your current vehicle when the time comes to trade-in and sign that dotted line! With the trade-in value calculator from Dan Cummins Chrysler Dodge Jeep RAM of Paris, you can get a reliable estimate on your used car from Georgetown, which will help you choose what your next car will be in terms of budget.
With our Instant Cash Offer program at Dan Cummins Chrysler Dodge Jeep RAM of Paris, we believe in making car shopping and car buying as easy as possible. One way we make that goal achievable for our Lexington area customers is by offering a hassle-free way to sell their used cars. Not everyone has the time or desire to become a private party seller — and that’s where Dan Cummins Chrysler Dodge Jeep RAM of Paris comes in. We will buy your car, so you don’t have to worry about posting ads or screening buyers. Then, we’ll help you put your car’s value toward the new or pre-owned vehicle you truly want.What is the Trade-In Value of My Car?
If you’re wondering, “What is my used car worth,” the answer is just a few clicks away! Using our handy value your trade-in calculator, you can get an estimated car trade-in value from the comfort of your home or office. Simply input some information about your car into the trade-in value calculator, as well as your contact information, and you’ll have an estimate right away. Keep in mind, there are a few factors that affect trade-in value, including:
- Mileage
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
How Do You Trade in a Car?
After you’ve received your trade-in estimate, it’s time for an appraisal of your vehicle! Our Paris dealership can take care of this step for you. We’ll examine the condition of your car and make sure it’s a good fit for our used car inventory. When you visit for your car’s appraisal, be sure to bring your trade-in estimate!
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on trade-in vehicles, aiming to make the trade-in process transparent and simple. In fact, there are a couple of major advantages to selling your car to a dealership, including:
- You can haggle at a dealership. We encourage our customers to always do their own research to make sure they’re getting the most reasonable trade-in offers.
- Can you trade in a car you still owe on? You can with a dealership. If you’re upside down on your car loan, you can consolidate what’s owed on your current car with the price of your new ride.
Value Your Trade-In: FAQs
Q: Can you trade in a financed car?
A: Yes, you can. If you have positive equity on the car (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put what’s left toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually.
Q: How soon can you trade in a financed car?
A: There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity. For most new vehicles, this occurs around the two-to-three year mark. For used vehicle, this time can vary. We suggest a loan review to discuss your options.
Q: What does it mean to be “upside down” on a car loan?
A: Being “upside down” (or having negative equity) means your loan balance is higher than the vehicle's actual trade-in value. For example, if you owe $30,000 on a car but the car is valued at $25,000, you are $5,000 "upside down" and have negative equity.
Q: Can I trade in my car for a cheaper car?
A: Yes you can! This is a popular strategy for vehicle owners to lower their monthly overhead. Depending on your equity situation, this can be of benefit to you. If you have positive equity, it can be applied to the new loan to lower your monthly payment and vehicle cost. If you have negative equity, it's still possible to lower your payment and get a cheaper car however a sales specialist will need to review options with you to ensure the loan comes out to be lower after trading your vehicle in.
Make Dan Cummins Chrysler Dodge Jeep RAM of Paris Your Automotive Partner Today!
If you have questions about how to trade in a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer near Georgetown!
Using the Trade-In Value Calculator Is Simple!
To start, simply enter your current vehicle’s information, such as the year, make, model, VIN, and other required fields. After that, you’ll hear from our staff, who will help you find your next new Wrangler or RAM 1500, and save big in the process! Feel free to contact us with any questions about our car trade-in process in the meantime, or reach out to our finance professionals to get started on securing a loan or creating a payment plan you can feel good about when you drive home to Nicholasville.