Insider Tips to Optimize Your Car Trade-In Value

4 Little-Known Tips to Get the Most Money for Your Car Trade-In

Looking to trade in your vehicle?

There may come a point when you decide that it's time to get a new car, whether because you need a larger vehicle or simply want an upgrade. It's still a seller's market for used cars, according to Kelley Blue Book, so you may be in a good position to get a better price on your trade-in. Of course, the more money you get from your trade-in, the more affordable your next car is apt to be. And if you can pocket some extra cash, it could make it easier to afford expenses like auto insurance for your next car. So with that in mind, here are some tips to get the best offer you can.

• Take care of minor problems: Dealerships have a way of blowing tiny repairs out of proportion. Shop around with different mechanics and try to get your car fixed in the most affordable manner possible.
• Make sure your car looks clean: A clean car gives off a much better impression than a dirty one. Give your car a thorough cleaning before trading it in.
• Do your research: Research what your used car is worth before trading it in. Use sites like Kelley Blue Book to get a sense of the trade-in value you should be able to get.
• Do a trade-in when you're not under pressure: Trading in your car in a stress-free manner could make it easier for you to negotiate and get a better price.