How Not to Get Ripped Off When Trading Your Car

by Admin on October 25, 2012

When deciding on purchasing a new car there are a couple ways to get rid of your old car. One of which is to sell it in the paper or in a classified section online. This option takes quite a bit of time if you are trying to get a set price for the car. Another option is too trade your old vehicle in for a new one. This option is probably the quickest way to get cash toward your new car purchase.

When trading your car in it is important that you do a few things first to make sure that you get the maximum profit out of your used vehicle. One of which is to check the Kelly blue book value. Make sure to keep in mind that you will not get the exact amount Kelly blue book says you should, when trading your car in. When trading a car in they usually don’t give you as much as you would make selling it to an individual but you do get money toward your new car right then. So just make sure that you check the blue book value so you know around what you should be getting. Car dealerships prey on people who have no idea what they doing!

Another thing you should do to make sure you don’t get ripped off is too check around with more than one dealership. When purchasing a car you should check a couple different places even if you’re not trading your vehicle in. The reason for this is so that you get the best deal and again don’t get ripped off. This is critical when trading in your car though. You will want to go around to a couple dealerships even if they don’t have a new car you want there, just to see how much they are willing to give you on trade in value. If you are thinking of trading your car in for a used truck you can visit this dealership to view their inventory. They are a very honest dealership. You then take that information with you to the next dealership and when they try to offer you a lower price make sure to tell them so and so is willing to give you more. Most of the time they will offer you the same amount if not more, just so you will go with their dealership.

So as you can see you want to make sure you do a few things before trading in your car. In this economy it is critical that you get the most you can out of your used vehicle. Next time you go and trade in your vehicle make sure to review these tips to help you out!

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