How to Trade In Your Car

couple trading in a car

If you’re in the market for a new Toyota in Eatontown, then you may be exploring our new vehicle specials and wondering how to trade in your car to help you save on your purchase. Learning how to trade in a car is an easy process, but it will take some time and a little research. Read along with Galaxy Toyota as we go over how to trade in your car so you can get the best price possible.

Find Your Vehicle’s Trade-In Value

The best place to start when learning how to trade in your car is to determine how much your vehicle is worth. At Galaxy Toyota, we make this step quick and easy with our online value your trade tool. All you need to do is enter your vehicle’s year, make, and model, along with your name, email, and phone number. Then add information about your vehicle’s condition and you’ll receive an estimated value. You can also compare the number we give you with other online tools like Kelley Blue Book® Value and Edmunds True Market Value®, or see what your current car is selling for in Freehold. This will give you a better idea of what your starting negotiation price will be.

Bring Your Vehicle in for an Appraisal

Once you’ve done some research, clean your car inside and out so it’s in its best possible condition and bring it to a Toms River dealership like Galaxy Toyota. We’ll examine your vehicle’s condition and we’ll consider our current used inventory to see if we can sell your vehicle. Be sure to bring your trade-in value estimate and any other trade-in offers you have for a price reference.

Accept a Trade-In Offer or Negotiate the Price

Once we’ve completed our appraisal of your vehicle, you can choose to accept the offer we give you or negotiate the price. When you negotiate, be sure to use any other estimates or other trade-in offers you have as a reference for price. The negotiation process at Galaxy Toyota is simple and straightforward, which is one of the advantages of trading in your vehicle at a dealership. Other benefits include:

  • Many Freehold used-car dealers won’t negotiate a price with you. However, a dealership like Galaxy Toyota has the capacity and budget to negotiate.
  • Your first offer isn’t always set in stone, you can choose to haggle the price based on the research you’ve done.
  • If you’re upside-down on your auto loan and want to consolidate what you owe with the price of your new car, our Eatontown dealership can help you with that process.

If you choose to accept an offer – either outright or after negotiation – you can finalize the trade for cash or put the value towards buying a new Toyota.

Learn More With Our Finance Team

If you have questions on how to trade in your car or what our trade in process is like, you can always contact our team and we’ll help you however we can! Our finance experts will help you get the best deal for your current car and find you a new Toyota that will fit your needs and your budget. Contact us today to learn more about trading in your vehicle, paying off your car loan early, and more.

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