Trade-In Your Vehicle
Trading in your vehicle is a good way to pass on a car you’re no longer interested in driving. You’ll make a bit of money and can put that towards your next vehicle. If you’re not sure how to trade in your car, Geoff Penske Buick GMC has your back.
Our team has put together this step-by-step guide on how to trade in your vehicle for drivers from Shillington, Reading, and Lancaster, PA. Give it a read to learn more!
Step One: Get Your Paperwork Together
The first thing to do is get organized. Getting your paperwork together, including your title if you’ve finished paying off your vehicle, can help you get more money for your trade in.
The paperwork that can help increase your vehicle’s value is maintenance and repair records. These receipts show you’ve taken care of your car and that it’s in good condition.
Step Two: Clean Up Your Vehicle
There isn’t one specific rule regarding how clean your vehicle should be. However, a good wash and vacuum of your car will make it look nice. It is also helpful to remove your personal items or garbage from the interior too.
Another aspect of cleaning up your vehicle can include completing minor repairs like dents or scratches. This is a personal choice. It will raise your vehicle’s value, but there is no way to guarantee it will increase the value enough to cover the costs of those repairs.
Step Three: Find Our Your Car’s Worth
Figuring out your vehicle’s worth can help you negotiate down the line. If you know your car’s worth, you can negotiate for a fair price. The internet makes it easy to get estimates of your car’s worth. Many different places offer vehicle estimates.
Our dealership also has a value your trade tool called KBB Instant Cash Offer. Our online estimator uses Kelley Blue Book prices. You can even redeem the offer at our dealership.
Step Four: Negotiate Trade-In Price
The next step is to negotiate the price of your trade in. If you’ve done your research, you know what your car is worth. Bringing that information with you can help ensure you get a fair price.
There will likely be some back and forth. Having the paperwork showing your maintenance records, repairs, and prices can give you a reason to negotiate for a specific price.
Step Five: Finalize the Deal
Once you’ve finished negotiating, you’ll get a deal sheet to look over. This has all the finalized information. Look it over and confirm everything is correct. If it is, sign and finalize the deal.
This can get a bit more complicated if you’re also purchasing a vehicle but making sure all the paperwork is correct is important. If there are errors, ask that they get corrected before signing a contract.
Ready to Get Started?
Trading in your vehicle is easy at Geoff Penske Buick GMC. Our sales team is here to help make sure you get a fair price for your car and help you get behind the wheel of your next one. We enjoy working with drivers from Shillington, Reading, and Lancaster, PA. Our team will answer questions along the way so you can drive away confident.
Contact us to get started today.
Monday | 9:00AM - 7:00PM |
Tuesday | 9:00AM - 7:00PM |
Wednesday | 9:00AM - 7:00PM |
Thursday | 9:00AM - 7:00PM |
Friday | 9:00AM - 6:00PM |
Saturday | 9:00AM - 5:00PM |
Sunday | Closed |
Monday | 7:30AM - 5:00PM |
Tuesday | 7:30AM - 5:00PM |
Wednesday | 7:30AM - 5:00PM |
Thursday | 7:30AM - 5:00PM |
Friday | 7:30AM - 5:00PM |
Saturday | Closed |
Sunday | Closed |
Monday | 7:30AM - 5:00PM |
Tuesday | 7:30AM - 5:00PM |
Wednesday | 7:30AM - 5:00PM |
Thursday | 7:30AM - 5:00PM |
Friday | 7:30AM - 5:00PM |
Saturday | Closed |
Sunday | Closed |