If you’re trading in a car in Las Vegas for a newer model, a bigger engine, or a more reliable mode of transportation, you want the best deal available with the best trade in possible. Learn how to get the best trade-in value for your old car when purchasing your dream car.
Know Your Car’s Value
Before ever stepping foot into a dealership, it’s important to know the realistic trade-in price of your car. Many car owners go into the dealership expecting the private sale price of their car, while just as many don’t even bother researching what their car is worth. Try to find local resources because while a 4-wheel drive may be valuable for New England winters, it doesn’t have the same bang in the desert. Take the time to look up the wholesale or trade-in price of your vehicle so you’re knowledgeable as to what is considered a fair deal for trade-in value.
Get Your Car Detailed
You might think that private sale is the only time you need to impress a buyer, but even car dealerships take cleanliness of a vehicle into consideration during pricing. A $50 detailing can increase trade-in value by a few hundred dollars because it portrays a well cared for and kept vehicle. If there are any minor issues that can be easily fixed, do that before bringing it in for trade-in. Car dealerships may take your trade-in for a drive and inspection so loose nuts and unexplained shakes can negatively impact the value of your trade-in.
Factor in the Trade-In Tax Credit
You may be tempted to sell your car privately before shopping for a new car but in Nevada, you can benefit from a trade-in tax credit when trading in a car in Las Vegas. Nevada car owners can trade-in their old vehicle and the value of that trade will be applied to the new vehicle, tax-free! So, if you have a $10,000 trade-in value and want to purchase a $15,000 new vehicle, you only pay the 8.1% sales tax on the $5,000 difference, saving $810.
Ask About Additional Perks
Offering a trade-in vehicle is a benefit to car dealerships. Not only do they gain a new customer and make a sale, but they also have another car to sell. While they may not be able to offer as much as the private sale price of your vehicle, they can make other valuable offers such as extended warranties or free car washes and oil changes for your new vehicle. Offering a trade-in allows you better leverage for negotiating a great deal for your new car.
When you’re trading in a car in Las Vegas, you want the best price for your trade-in vehicle and Valley Automall is the best place to get that deal. With nearly 20 dealerships and almost every make and model imaginable, you can shop the most competitive prices and the best place to get a good deal on your trade-in.