How to Trade In a Car

Finance Documents for Car

Selling a car yourself can be difficult and time-consuming, as the process is full of uncertainty! So, if you’d like to make it a little easier to trade up, you might want to know how to trade in a car! No matter what kind of car, truck, or SUV you drive, there’s a good chance that the Sam Leman Automotive Group can take it off your hands, and get you a fair market value for the effort.

Ready to get started? Our guide will teach you everything you need to know about how to trade in your car.

What Steps Should I Take To Trade In a Car?

Want to know what you’re in for before you begin the trade-in process in Central Illinois? Here are the steps you’ll take along the way:

  1. Get an estimate of your car’s trade-in value.
  2. Get an in-person appraisal with an expert.
  3. Negotiate and accept your offer.

After you sign any remaining paperwork, you’ll be able to drive off with a new or used model that you love!

Yes, it’s really that simple! We’ll break down each step in detail below.

Step 1: Get Your Trade-In Car’s Value

Before you get an appraisal, you’ll want to shop around and get a few estimates for your car’s current value! Use a tool like the Kelley Blue Book® Value or Edmunds True Market Value®. Sam Leman Automotive Group also offers our own trade-in value estimator, so you can know exactly what to expect when you come in for an appraisal.

No matter where you go, your estimate will be based on factors like your vehicle’s make, model, and year, as well as its current condition and maintenance history.

Before you get an in-person appraisal, you’ll want to see what cars like yours have sold for in the past! This information will come in handy if you decide to negotiate.

Step 2: Get an Appraisal

Next, you’re going to come in for an in-person inspection. If you’re learning how to trade in a car for the first time, this can be the scariest part of the process. After all, your final offer may differ from the estimate given before! However, you can minimize variation by being as honest and as thorough as possible during the estimation process.

In some cases, the dealership may decide that they can’t resell the car that you’d like to trade in. Increase your chances of getting accepted by taking care of all your recommended maintenance on time.

Step 3: Negotiate or Accept a Trade-In Offer

Did the in-person appraisal end with a lower offer than you would have liked? If you’ve done your research, and found that similar models have often sold for a better price, you’re in a good position to negotiate. If you’ve gotten multiple appraisals, you might be able to leverage them to your advantage.

Some car buyers will not let you trade in a vehicle with an outstanding loan. If you have questions about how to trade in a financed car, you’ll want to contact your local Sam Leman Automotive Group dealership to learn more about your options.

If you choose to accept the offer, you’ll be able to put the money towards your next vehicle. In most cases, you’ll even have the option to walk out with cash in hand! If you’re planning to move forward with a purchase right away, you’ll want to know how to qualify for a car loan or lease.

Car Key and Pen on Contract

Let the Sam Leman Automotive Group Take Your Old Car Off Your Hands!

Our finance team is ready and willing to work with drivers from all walks of life, and we’ll do whatever it takes to get you the fair market value that you deserve. You’ve seen how to trade in a car, so what are you waiting for? Contact us or check out our car buying tips if you still have questions.

More From Sam Leman Automotive Group

  • News From the 2019 Chicago Auto Show

    The Chicago Auto Show is one of the largest in the country, and here at Sam Leman Automotive Group we’re always excited to learn about the latest technologies, fresh design concepts, and new models that are presented at the event. Take a look at some of the new vehicles that made their debut at the Chicago Auto Show,…

  • What is Tire Rotation?

    What is a tire rotation? It is a basic vehicle maintenance task that ensures the tires on your car wear evenly, helping to maintain safety, improve traction, and improve fuel efficiency. Schedule Service What Does Rotating Tires Mean? A tire rotation is a pretty simple process, though it can be complicated to do without the…

  • Should I Buy or Lease?

    Are you wondering where buying or leasing is the best financial path to take to get a new vehicle for your commutes? The answer can vary depending on your needs, what you can afford, and what you want. While there are benefits to both, the decision on whether on leasing vs. buying doesn’t have…

Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Share
Share This ×

Choose How To Share:

Contact
Contact Us ×

• Bloomington, Morton, Peoria, IL

Get Directions

Sam Leman Automotive Group

Bloomington, Morton, Peoria, IL

Phone:

http://maps.google.com/?q=1615%20Morrissey%20Dr%2C%20Bloomington%2C%20IL%2061704
40.4607752 -88.9687249
[schema type="organization" orgtype="LocalBusiness" url="www.samleman.com" name="Sam Leman Automotive Group" description="" street="" city="Bloomington, Morton, Peoria" state="IL" postalcode="" country="United States" email="mleman@lemanauto.com" phone="" logo="https://www.samleman.com/wp-content/themes/DealerInspireDealerTheme/images/logo.png"]
Sam Leman Automotive Group
Sam Leman Automotive Group
mleman@lemanauto.com
Bloomington, Morton, Peoria, IL, United States
https://www.samleman.com/wp-content/themes/DealerInspireDealerTheme/images/logo.png
Sam Leman Automotive Group 40.4607752, -88.9687249.